Investment Banking

BlackRock launches private markets funds for wealthy investors

The asset management giant is making a major private markets drive

BlackRock has struck a series of deals this year to boost its alternative assets offering Michael Nagle/Bloomberg via Getty Images
BlackRock has struck a series of deals this year to boost its alternative assets offering Michael Nagle/Bloomberg via Getty Images

BlackRock has launched two private markets funds aimed at wealthy investors in its latest push into the alternative assets sector.

The asset management giant said the new funds would be targeted at private wealth clients in Europe, the Middle East and Asia Pacific, with the minimum investment for both funds being €10,000.

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