BlackRock And Partners Group Launch First-Of-Its-Kind Multi-Private Markets Portfolio For Wealth Advisors
Portfolio Pulse from Benzinga Newsdesk
BlackRock and Partners Group have launched a unique multi-private markets portfolio aimed at wealth advisors. This model portfolio provides streamlined access to private equity, private credit, and real assets, managed by two global asset managers. The initiative positions both firms to capitalize on the growing private markets and managed models sector.
September 12, 2024 | 6:30 am
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BlackRock, in partnership with Partners Group, has launched a new multi-private markets portfolio for wealth advisors. This positions BlackRock to benefit from the growing demand for private market investments.
The launch of a new product in collaboration with Partners Group allows BlackRock to expand its offerings in the private markets sector, which is experiencing growth. This strategic move is likely to enhance BlackRock's market position and attract more wealth advisors, potentially boosting its revenue.
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