BlackRock Reaches $11.5 Trillion in Assets Amid Growing Private Markets

Reported about 3 hours ago

BlackRock Inc. has achieved a record $11.5 trillion in assets under management by attracting $160 billion in client cash to its long-term investment funds last quarter. The firm's strong performance includes $360 billion in total net inflows this year and a recent $12.5 billion acquisition of Global Infrastructure Partners, showcasing its strategy to serve as a one-stop shop for both public and private markets.

Source: YAHOO

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