No longer ‘traditional’: Fink talks up BlackRock’s $27bn alts investment

BlackRock’s Fink Pulls Back From Climate and DEI Talk in Annual Letter

“We need to build more,” he writes. “More housing. More energy. More infrastructure.”

Larry Fink's 2025 Investor Letter: Unlocking Private Markets

Extracts from the full letter which can be read here  Unlocking private markets BlackRock’s past 14 months — and the future Economies run on capital. Whether you’re assembling 17th-century trading fleets or 21st-century data centers, the money has to come from somewhere. But historically, it hasn’t been investors. Despite 400 years of financial innovation, from Amsterdam to Change Alley to the New York Stock Exchange, most financing has come fro…

Reading Larry Fink’s New Letter Between the Lines

Blackrock CEO Larry Fink is a bit more Delphic than usual in this year’s annual letter. It’s important to note what he leaves out (ESG, DEI, explicit references to President Trump and his policies) as well as what he leaves in. He begins by acknowledging a widespread sense of uncertainty and concern and trying to be reassuring. [footnotes omitted] I hear it from nearly every client, nearly every leader—nearly every person—I talk to: They’re more…

No longer ‘traditional’: Fink talks up BlackRock’s $27bn alts investment

Larry Fink clearly wants the whopping $27bn investment in private assets deals to be fruitful, as he dedicates a large slug of his annual letter to alts.

Fink's 2025 Investor Letter: Unlocking Private Markets - Markets Media

Extracts from the full letter which can be read here  Unlocking private markets BlackRock’s past 14 months — and the future Economies run on capital. Whether you’re assembling 17th-century trading fleets or 21st-century data centers, the money has to come from somewhere. But historically, it hasn’t been investors. Despite 400 years of financial innovation, from Amsterdam to Change Alley to the New York Stock Exchange, most financing has come fro…