The World's Largest Asset Manager, BlackRock, Partners With Dubai-Based Emirates NBD To Launch Private Markets Platform 🏆🇦🇪

Private Markets

The World's Largest Asset Manager, BlackRock, Partners With Dubai-Based Emirates NBD To Launch Private Markets Platform 🏆🇦🇪 

BlackRock has signed a Memorandum of Understanding (MoU) with Dubai-based Emirates NBD to develop an investment platform focused on private markets.

The private markets offerings will be based on BlackRock’s Alternative Investments platform, which now exceeds $450 billion in assets following the acquisitions of HPS Investment Partners, LLC & Global Infrastructure Partners (GIP).

This platform will offer Emirates NBD’s wealth clients exclusive access to a range of evergreen private market strategies, targeting income and growth.

Zooming Out:

Private markets are the fastest-growing segment in asset management, with alternative assets projected to reach $30 trillion by 2030.

Private Markets 🤝 Middle East