BlackRock and Partners Group Launch Joint Private Markets Account for Wealthy Investors

TLDR: BlackRock and Partners Group created the first US account combining multiple private asset classes in one. Three portfolio options available: income-oriented, balanced growth, and growth-focused for different risks. The account invests across seven funds from BlackRock, HPS Investment Partners, and Partners Group combined. Partners Group manages $56 billion in evergreen funds while BlackRock oversees [...]

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