Supporters say access to PE would allow participants the chance to enjoy higher returns, while naysayers stress that the ...

Private equity has been largely the province of ultra-rich investors, endowments and pension funds. That may be changing.

The world’s largest asset manager is preparing to offer its own target-date fund with private equity and private credit.

In evidence of this potential shift toward private investments, at the end of June, BlackRock, the "world's largest asset manager," announced that it "plans to offer a 401(k) target-date fund with ...

In a letter to Empower, one of the private equity firms advocating for giving 401 (k) investors access, Sen. Elizabeth Warren criticized “risky, expensive private markets” and questioned whether ...

Goldman Sachs is building a private credit product for retirement plans, joining a broad push by money managers to get their ...

BlackRock's move comes as the private-equity industry has been lobbying Washington for access to retirement funds, which had $7.4 trillion in assets in more than 710,000 401(k) plans on behalf of ...

BlackRock Inc., the world’s largest asset manager, now wants to be a financier for private equity and alternative investment firms. Fresh off a year of almost $30 billion of deals to become a ...

BlackRock is seeking to expand its private equity business. In 2016, the firm hired Mark Wiseman, the former head of Canada’s largest pension fund, which pioneered models for alternative private ...

Now celebrating 20 years in Chicago, the New York-based investment management firm is eyeing further growth through ...

BlackRock Inc. is ramping up plans to offer more of its private-market products to individuals outside the US as the Wall Street giant increasingly tries to muscle in on one of the hottest areas ...