Nasdaq to acquire Dasseti, expand AI investment capabilities

By Puja Sharma

This move aims to enhance institutional investing workflows and close persistent inefficiencies by unifying data and decision-making processes across public and private markets.

Nasdaq has entered into an agreement to acquire Dasseti, a due diligence and monitoring platform utilising AI and serving investment consultants, institutional investors, and asset managers across public and private markets.

Dasseti’s capabilities will be integrated into Nasdaq eVestment, extending the platform across the full manager research, due diligence, and monitoring lifecycle.

Dasseti brings those same network benefits to parts of the process that have historically operated separately. Due diligence questionnaires, RFPs, and ongoing monitoring- the workflows that generate some of the most valuable information in institutional investing- have long lived in siloed tools, disconnected from the manager intelligence used to make selection decisions.

“As institutional investment teams navigate expanding private markets exposure, growing data demands, and more complex reporting requirements, they need integrated platforms, not standalone tools,” said Oliver Albers, Executive Vice President and Chief Product Officer, Capital Access Platforms, Nasdaq. “Adding Dasseti’s powerful capabilities to Nasdaq eVestment connects AI-powered due diligence and monitoring directly to the data, research, and manager intelligence that so much of the industry already rely on.”

Nasdaq’s relationship with Dasseti dates back to 2022, when Nasdaq Ventures made an early-stage investment. This acquisition is the next step in that trajectory, moving from portfolio investment to full integration into the Nasdaq eVestment platform.

“Dasseti was built to improve how institutional investment teams collect, manage and exchange information across due diligence, monitoring and investor response workflows,” said Wissem Souissi, Founder and CEO of Dasseti. “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.”

The combined offering is built to deliver value to both sides of the institutional relationship.

For investment consultants and institutional investors, it creates a more complete manager research and due diligence lifecycle, from screening and analysis through due diligence questionnaire (DDQ), selection, and ongoing monitoring, within a single trusted environment, that now includes even deeper coverage of private markets managers and strategies.

For asset managers, Dasseti pairs with Nasdaq eVestment to unify the RFP, DDQ, and database management experience in one place, helping firms manage their institutional story with greater consistency across submissions and engage more efficiently with asset owners and consultants globally.