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BlackRock goes deeper into private market investing, acquiring real estate firm ElmTree Funds
The deal gives the investment firm $7.3 billion in assets as it attempts to broaden its holdings of private assets, following BlackRock’s announcement last week of a new all-in-one 401(k) target date fund with private equity.
BlackRock Inc. agreed to buy real estate firm ElmTree Funds, which leases built-to-suit commercial properties to ...
The deal to buy ElmTree Funds will boost New York-based BlackRock's move into private markets, according to a release.
The world’s largest asset manager said Monday it is acquiring ElmTree Funds, a firm that manages $7.3 billion of assets, for ...
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