BlackRock’s Latest Acquisition Is a Commercial Real Estate Bet - Barron's
1. BlackRock acquires ElmTree Funds to expand private markets capability. 2. The acquisition aligns with BlackRock's long-term growth goals for 2030. 3. ElmTree specializes in long-term net-lease commercial real estate. 4. The deal fits into a series of recent acquisitions since early 2024. 5. Analysts see it as part of a broader strategy for lucrative private markets.