Nasdaq Closes Dasseti Acquisition for Nasdaq eVestment Platform

Nasdaq announced on September 2, 2026, that it has completed its acquisition of Dasseti, an AI-powered due diligence and monitoring platform serving investment consultants, institutional investors, and asset managers. Dasseti’s capabilities will be integrated into Nasdaq eVestment, extending the institutional intelligence platform across the full manager research, due diligence, and monitoring lifecycle. Financial terms were not disclosed, according to the completion announcement.

The transaction was first announced on July 23, 2026, when Nasdaq said it had entered into an agreement to acquire the platform. At the time, Nasdaq stated the transaction was expected to close in the third quarter of 2026, subject to customary closing conditions. The acquisition builds on a relationship that began with an early-stage investment in Dasseti by Nasdaq Ventures in 2022.

Dasseti applies AI to the due diligence questionnaires, requests for proposals, and ongoing monitoring workflows that generate information on how investment managers operate. The platform covers 17,000 asset managers and general partners representing $34 trillion in assets under management, figures Nasdaq described as one of the industry’s largest due diligence and monitoring ecosystems.

Nasdaq eVestment, the division absorbing the business, connects roughly 4,800 contributing asset managers with more than 1,200 asset owners and intermediaries. Nasdaq said the platform powers more than $90 trillion in assets under management across more than 112,000 products in 109 countries. Its private markets coverage now includes more than 16,000 managers and 95,000 funds, accessible through Nasdaq eVestment, global data providers, and customer relationship management platforms.

Platform Integration Plans

According to Nasdaq, integrating Dasseti’s capabilities into Nasdaq eVestment is expected to accelerate response times and improve data quality, giving consultants and institutional investors a path from screening through selection and ongoing monitoring within a single environment. For asset managers, the combined offering is intended to unify the RFP, due diligence questionnaire, and database management experience.

Oliver Albers, Executive Vice President and Chief Product Officer of Capital Access Platforms at Nasdaq, characterized the current state of the workflows the deal targets. “Much of the due diligence and RFP process still happens outside core research platforms, in a patchwork of spreadsheets, PDFs, and email threads,” Albers said in the completion announcement. He added that the acquisition brings AI-powered due diligence and monitoring into Nasdaq eVestment.

In the July announcement of the agreement, Albers said institutional investment teams face expanding private markets exposure, growing data demands, and more complex reporting requirements, and framed the deal as connecting due diligence and monitoring directly to Nasdaq eVestment’s data and manager intelligence, according to the Nasdaq newsroom post.

Timeline of the Transaction

Nasdaq’s relationship with Dasseti dates to 2022 through the Nasdaq Ventures early-stage investment. The July 2026 agreement moved that relationship from portfolio investment toward full integration into the Nasdaq eVestment platform, Nasdaq said at the time.

In its own statement on the agreement, Dasseti said it was built to improve how institutional investment teams collect, manage, and exchange information across due diligence, monitoring, and investor response workflows. The company said joining Nasdaq would bring those capabilities into the Nasdaq eVestment network and allow it to accelerate its investment in AI, according to the Dasseti announcement.

Wissem Souissi, founder and CEO of Dasseti, said in the July Nasdaq announcement: “Joining Nasdaq gives us the opportunity to bring those 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.”

Nasdaq has said AI is already embedded across Dasseti’s platform, supporting automated response generation, intelligent data extraction, and consistency across due diligence and monitoring workflows. The July announcement also described the acquisition as deepening Nasdaq eVestment’s private markets coverage, citing Dasseti’s network of general partners and alternatives managers contributing data through its platform.

The completion announcement includes a cautionary note identifying statements about the potential benefits of the transaction and the capabilities of Dasseti’s offerings integrated with Nasdaq eVestment as forward-looking statements. Nasdaq said such statements are made only as of the date of the release and that it undertakes no obligation to update them, referring readers to its Forms 10-K, 10-Q, and 8-K and other SEC filings for information on related risks and uncertainties.

Nasdaq eVestment operates as part of Nasdaq’s Capital Access Platforms business, providing institutional data, analytics, benchmarks, and workflow tools across manager research, due diligence, fundraising, and distribution in public and private markets.