BlackRock's 2030 Growth: $35B Revenue, Private Markets Push

  Published 1 year ago

BlackRock targets $35B revenue by 2030 via private markets expansion, aiming for 30% revenue from alternatives and doubling market cap.

  • Acquired Global Infrastructure Partners and HPS for $28.2B to boost private assets.
  • Aims to create private market indexes post-Preqin acquisition, expanding ETF, like strategies.
  • Fink's leadership succession speculation grows amid executive departures and strategic shifts.

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