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Building 'The Machine': How BlackRock Plans To Raise $400B And Democratize Private Market Investing - BlackRock (NYSE:BLK)
Benzinga· 2026-01-16 07:05
Investment management company BlackRock Inc. (NYSE:BLK) is placing its biggest strategic wager yet on private markets, outlining a plan to raise $400 billion in gross private-market assets by 2030 as the firm pushes deeper into retirement accounts, insurance portfolios and digital finance.Private Market Inflows SoarDuring the company’s fourth-quarter earnings call on Thursday, CFO Martin Small noted that its scaled private market platform “delivered $40 billion of full-year net inflows led by private credit ...