Nasdaq to buy AI due-diligence platform Dasseti, integrate it into eVestment

What's the deal? NasdaqDealroom has a profile for this one. Try Dealroom → has agreed to acquire Dasseti, an AI-supported due diligence and monitoring platform for institutional investors. The deal is expected to close in the third quarter of 2026. Terms were not disclosed.

What's the endgame? Dasseti's tools will be folded into Nasdaq eVestment, extending that platform across the full manager research, due diligence, and monitoring lifecycle. The goal is to combine screening and analysis in a single environment.

Why now? Nasdaq argues institutional teams are stretched by growing private markets exposure, rising data demands, and more complex reporting. "They need integrated platforms, not standalone tools," said Oliver Albers, chief product officer for capital access platforms at Nasdaq.

The acquisition builds on an existing relationship: Nasdaq VenturesDealroom has a profile for this one. Try Dealroom → made an early-stage investment in Dasseti before this deal.

Who benefits? Asset managers gain a single home for RFP, DDQ, and database management, aimed at more consistent submissions and easier engagement with asset owners and consultants. The tie-up also adds Dasseti's general partners and alternatives managers to eVestment's coverage, which spans more than 16,000 private market managers and a private fund universe above 95,000.

Dasseti founder and chief executive Wissem Souissi said joining Nasdaq lets the firm "bring our capabilities to a wider institutional network, accelerate our investment in AI and deliver greater value to the asset owners, consultants and asset managers we serve."

The signal: The deal reflects a wider push to consolidate fragmented institutional investing tools into unified, AI-backed platforms — with the fastest growth centred on private markets data.

Read more: thetradenews.com