Reported 4 days ago
Blackrock Inc. has teamed up with Dubai's Emirates NBD to launch a new platform aimed at enhancing access to private markets for Middle Eastern investors. The collaboration will allow Emirates NBD's wealth clients to invest in private credit and alternative assets, utilizing BlackRock’s Alternative Investments platform, which manages over $450 billion. The first offerings will focus on income and growth strategies within the UAE, capitalizing on the growing interest in private credit in the region.
Source: YAHOO