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 ...

With HPS, BlackRock has taken control of a top-performing private credit manager, which has grown from $34bn in assets in 2016 to $157bn this year. Fink says he is confident HPS will take to BlackRock ...

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 ...

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.