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.

BlackRock expands deeper into private markets with its ElmTree buyout, boosting access to alternative investments and real ...

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

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

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

The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history ...

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

Last week, BlackRock completed the $12bn takeover of HPS Investment Partners, the third in a trio of acquisitions that shift the world’s largest asset manager from a position of dominance in public ...

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.