BlackRock Acquires ElmTree Funds

It Will Be Integrated Into the PFS Platform

Date:

Pixabay CC0 Public Domain

Author: Funds Society, Madrid

BlackRock acquires ElmTree Funds, a firm specialized in net lease real estate, with \$7.3 billion in assets under management

The transaction strengthens the new Private Financing Solutions (PFS) platform and aims to expand BlackRock’s presence in the real estate market as an owner-operator

ElmTree will contribute its expertise in build-to-suit industrial properties, while HPS will provide financing solutions to drive joint growth