Daphne streamlines access to private markets data by enabling Apollo to distribute fund data directly to the Bloomberg Terminal

Private markets assets are expected to grow at more than twice the rate of public assets, at a compound annual growth rate (CAGR) of 9-10%, reaching $60-65 trillion by 2032.¹‍

‍

The wealth channel represents a significant source of untapped capital for alternative asset managers looking to grow their assets under management (AUM), with over $140 trillion of available capital,² with trillions of dollars of capital expected to flow into the asset class in 5-15 years.³ Private wealth investors are increasingly interested in private markets due to historic outperformance and a desire for greater diversification, though information is more difficult to obtain than in public markets.⁴

‍

Over time, private markets data will become more standardised and available than it is today, with a convergence towards the standard used in public markets data. Daphne has enabled the first steps towards this future by enabling Apollo Global Management to add its fund data directly into the Bloomberg Terminal.

What is Daphne?

Daphne is an AI powered platform, purpose-built for alternative asset managers to standardize and share private markets data, making the asset class more accessible to a broader range of investors. Daphne organizes fund data in a standard product master, enabling asset managers to easily respond to due diligence inquiries and to publish updates to all of their distribution partners with a single click.

‍

Through its standardized product master, Daphne is assisting the industry in standardizing private markets data, allowing it to be structured and exchanged in a similar manner to public markets data today.

How does Daphne interact with the Bloomberg Terminal?

For the first time ever, Daphne enables asset managers to publish their fund data directly to the Bloomberg Terminal. With a single click, asset managers with funds data on the Daphne platform can share their fund updates on the Bloomberg Terminal in real time, giving asset managers control of the data viewed by investors.  

‍

Bloomberg and Daphne will work together to align and normalize data fields for private market funds, enhancing data consistency and coverage.

The Impact: Apollo’s funds - live on the Bloomberg Terminal

To gain access to a broader range of investors, Apollo Global Management will be the first to use Daphne to distribute select investment fund data directly to multiple channel partners through the Bloomberg Terminal, starting with Apollo Fund X, AAA and Apollo Debt Solutions BDC.

‍

“Daphne’s innovative technology and normalized data will help accelerate our ambition to provide comprehensive, high-quality fund data to our customers.” said Bradley Foster, Head of Fixed Income & Private Markets at Bloomberg.

Want to learn more?

If you are an alternative asset manager who is interested in understanding how you can publish your fund data directly to the Bloomberg Terminal, please reach out to Daphne here.

‍

Footnotes and sources:

^{(1) Bain and Company, Private markets assets to grow at  more than twice the rate of public assets, reaching up to $65 trillion by 2032, Bain & Company Finds, August 2024.}

^{(2) Bain and Company, Why Private Equity is Targeting Individual Investors, February 2023.}

^{(3) Bloomberg UK, Blackstone Sees Trillions from Rich Flowing to Private Markets, January 2025.}

^{(4) Financial times, Private investors are increasingly interested in private markets, November 2024}

‍