BlackRock pushed deeper into private markets Monday with the acquisition of commercial real estate firm ElmTree Funds.

BlueFive Capital has raised $2 billion for a new fund focused on private equity investments in the Gulf Cooperation Council (GCC) region, the investment firm said on Thursday.

The real estate-focused firm will be added to an internal BlackRock group that now includes HPS Investment Partners.

The deal gives the investment firm $7.3 billion in assets as it attempts to broaden its holdings of private assets, following ...

The world’s largest asset management firm has partnered with Great Gray to provide a TDF to serve as default investments for ...

The private credit market, which BlackRock estimates could grow from $1.6 trillion in 2024 to $4.5 trillion by 2030, is a key focus of this initiative.

BlackRock has identified bringing private markets to the wealth channel as a key driver of reaching its goal of doubling its market cap by 2030. In its Investor Day last week, it set ambitious 2030 ...

In today’s newsletter: BlackRock doubles down on private markets. CoreWeave’s next financial engineering act. A disappointing Q2 for deals. BlackRock’s $30bn bet on private markets ...

Greenhouse said private equity investors have been “patient” during Lido’s expansion efforts. Exchange Capital Management has $830 million in regulatory assets under management and will see ...

ElmTree has a $7.3 billion portfolio of net lease assets.