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 St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 ...

The commercial net lease company holds investments in 122 properties across more than half of the country’s states.

BlackRock is acquiring ElmTree Funds, a US net-lease real estate investment firm, which manages $7.3bn (€6.2bn) in assets.

BlackRock pushed deeper into private markets Monday with the acquisition of commercial real estate firm ElmTree Funds.

The real estate-focused firm will be added to an internal BlackRock group that now includes HPS Investment Partners.

ElmTree Funds will be acquired by BlackRock in a stock trade that's expected to close in the third quarter, giving the firm ...

A bond trader himself, Fink built BlackRock on fixed income, and HPS is at the forefront of how that business is changing. Rick Rieder, who heads up BlackRock’s roughly $3-trillion fixed income ...

While the purchase is tiny compared to the $11.6 trillion in assets that BlackRock oversees, it furthers CEO Larry Fink’s push into private markets over the past two years in search of heftier fees.