BlackRock Private Funds Face Attempted Exit by Key Investor Arch

BlackRock Private Funds Face Attempted Exit by Key Investor Arch

A key investor in BlackRock Inc.’s private funds is looking to cut its stakes following disappointing performance and senior executive departures at the US asset manager, according to people familiar with the matter.

BlackRock Raises £1B For Fund Targeting Living, Logistics And Data Centres

BlackRock has completed the fundraising for its sixth European value-add fund, which is looking to capitalise on the fall in real estate values over the past few years.  The firm has raised €1.2B, or £1B,  of equity and co-investment capital for BlackRock Europe Property Fund VI. That is slightly less than the €1.3B it raised for the fund’s predecessor in 2020.  The fund has committed about 70% of its capital to 11 investments in sectors spannin…