BlackRock Is Out to Unite Public and Private Markets

News February 20, 2025 at 10:03 AM
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What You Need To Know

  • About two years ago, CEO Larry Fink and his lieutenants decided that BlackRock corporate strategy had to change.
  • BlackRock plunked down almost $30 billion over three acquisitions last year — the biggest deal spree in the history of “alternative” asset management.
  • Private markets have always offered lavish rewards. So why is BlackRock buying now? A shift in private markets.
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