BLK · News · 20260907N

Private Markets Pivot

BlackRock, Inc. · 2026-09-07 · Importance 46 · Surprise 42

BlackRock is reportedly seeking to allocate approximately 5% to 20% of target-date fund assets to private markets. The initiative would expand access to private equity and private credit in retirement accounts, including brokerage accounts and IRAs where such investments remain relatively uncommon. Separately, management is targeting more than 30% of revenue from private markets and technology by 2030, indicating a multi-year strategic shift toward higher-fee alternatives and technology businesses.

Key facts

• BlackRock Inc. disclosed a $618.8 million stake in Ingredion Incorporated during the second quarter. source
• BlackRock Inc. has acquired a new position in Biodesix, Inc. valued at approximately $970,000, representing a 0.42% stake. source
• BlackRock Inc. purchased 1,188,790 shares of LiveWire Group, Inc. (NYSE:LVWR) valued at approximately $1,331,000, making BlackRock an owner of 0.58% of the company. source
• BlackRock Inc. acquired 124,618 shares of Crescent Capital BDC, Inc. (NASDAQ:CCAP) in the second quarter, a stake valued at approximately $1.36 million and representing about 0.34% of the company. source
• BlackRock Inc. acquired over 518,000 shares of NeoVolta, Inc. (NASDAQ:NEOV) valued at approximately $1.63 million, making it an owner of about 1.21% of NeoVolta's stock. source
• BlackRock Inc. acquired 417,889 shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI) valued at approximately $1.15 million, representing a 0.17% stake. source