From Yahoo Finance: 2025-06-16 08:59:00

BlackRock aims to nearly double its market value by 2030, with a focus on expanding its private investment businesses to compete with Blackstone and others. The firm targets $400bn in fundraising for private investment divisions, making strategic acquisitions like Global Infrastructure Partners and HPS Investment Partners.

GIP, under BlackRock, acquires $22.8bn in ports near the Panama Canal. The firm also partners with Microsoft for a $30bn AI investment fund. CEO Larry Fink highlights the rising demand for private market investments and predicts over 30% revenue from private investment and technology sectors by 2030.

BlackRock projects annual revenue growth of 10%, aiming to exceed $35bn by 2030. They set a yearly fundraising goal of $65bn from 2025 to 2030 for private investment sectors. The firm targets a $280bn market value by 2030, up from $154bn currently, anticipating a significant rise in adjusted operating income.

In a move to compete in alternative asset space, BlackRock sets sights on $400bn fundraising goal for private investment growth, aiming to increase market value to $280bn by 2030. Acquisitions like Global Infrastructure Partners and HPS Investment Partners demonstrate a shift towards private markets. CEO Larry Fink emphasizes growing client demand for private market investments.

Read more: BlackRock sets $400bn fundraising goal for private investment growth