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Tuesday, February 11, 2025

BlackRock Now Wants to Become Private Equity’s Key Financier

 

BlackRock Inc., the world’s largest asset manager, now wants to be a financier for private equity and alternative investment firms.

Fresh off a year of almost $30 billion of deals to become a force in managing private credit, financial data and infrastructure assets, Chief Financial Officer Martin Small is starting to sketch out a plan that goes beyond investing client money to include managing capital for alternatives firms.

https://www.bloomberg.com/news/articles/2025-02-11/blackrock-now-wants-to-become-private-equity-s-key-financier

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