From Yahoo Finance: 2025-03-27 10:50:00

Emirates NBD and BlackRock have teamed up to launch a private markets access platform. This collaboration aims to provide wealth clients with alternative investment opportunities. The goal is to make alternative assets more accessible, with the industry expected to reach $30tn by the end of the decade. Initial offerings will focus on income and growth strategies tailored for UAE investors. BlackRock will bring its expertise in marketing, education, and technology to enhance Emirates NBD Asset Management’s private markets offerings.

Emirates NBD Asset Management’s long-term objective is to democratize access to alternative assets across the Middle East. Leveraging BlackRock’s Alternative Investments platform with over $450bn in assets under management and a global presence, the partnership seeks to meet the growing needs of investors in the region. This move aligns with Emirates NBD’s commitment to innovation and providing best-in-class products to its clients.

The partnership between Emirates NBD and BlackRock follows a trend of increasing investor sentiment towards private markets. With advancements in technology and regulatory frameworks, wealth allocations to private markets are expected to rise significantly over the next five years. The collaboration aims to capitalize on this trend by offering tailored solutions to investors in the UAE and beyond.



Read more at Yahoo Finance: Emirates NBD, BlackRock join forces on private markets access