Expected returns and risks are forward-looking projections that should not be relied upon when making an investment decision. Such projections do not reflect actual performance and cannot account for the impact that economic, market, and other factors may have on the implementation of an actual investment program, nor do they consider the impact of trading decisions, liquidity constraints, fees, expenses, taxes and other factors on future returns. No representation is made that the strategy will achieve the expected return or its investment objective. Actual returns may be higher or lower than the expected return. Source: BlackRock, as of November 2025. For illustrative purposes only.
PRIVATE MARKETS SOLUTIONS
Alternative Portfolio Solutions (APS)
We partner with the BlackRock Investment Institute and thought leaders throughout our firm to provide investing insights and analysis across asset classes, investment strategies and borders.

Why Alternative Portfolio Solutions?
BlackRock Alternative Portfolio Solutions designs a wide-range of alternative investment solutions across asset classes and strategies by leveraging the breadth of BlackRock’s platform (through funds and deals), as well as the firm’s proprietary technology. Our open-architecture approach also provides APS with access to source a robust set of opportunities with external GPs, to seek better outcomes through custom and commingled solutions.

Private markets portfolio construction and risk analytics
Our team will use a risk modeling framework – based on economic risk factors – to design your private markets portfolio.

Leading technology
Leverage proprietary platforms like Aladdin and eFront to support comprehensive portfolio management.

Strong Sourcing Capabilities
We combine the scale of BlackRock Capital Markets with the selectivity of our investment teams – sourcing over 9,000+ deals globally and backed by 35+ years of experience.

Strong GP Network
With over 2,600 GP relationships, BlackRock’s strong brand and strategic capital capabilities position it as a preferred partner across asset classes.
Our platform is designed to help identify and solve investors’ needs
Comprehensive portfolio approach
We build solutions designed to help meet clients’ needs in a whole portfolio context.
Unconstrained access
We utilize an open architecture model with offerings across liquid to illiquid alternatives.
Leverage BlackRock’s market strength
We harness investment insights, unique sourcing, and deep risk expertise, then seek to select idiosyncratic risks and help enhance client outcomes.
End-to-end partnership
We build relationships on transparency and info sharing, tailoring our involvement to be an extension of staff.


APS thought leadership
Sizing private market investments
A more nuanced approach to multi-alternative portfolio construction.
Implementing private markets in wealth portfolios
Tools for a new market environment.
Systems and methods for a user interface and applications
For simulating construction and optimization of an investment portfolio.

Whole portfolio approach across alternative assets
Overlap and risk considerations
Help avoid unintended overlap of underlying risk factors
Dynamic asset allocation
Enables dynamic asset allocation adjustments as markets change
Governance and reporting
Provides cohesive governance and reporting for a seamless experience
Cost efficient
Single touch point to effectively implement and scale an alternatives investment program

How APS can deliver value for investors
Weather investors are developing a first-time private markets program, looking to complement existing private markets exposure or searching for an efficient way to target specific outcomes (e.g., growth, income, sustainability), our APS solutions offers the capabilities to help clients achieve their unique goals.

Multi-alternative commingled funds
Scaled solutions addressing common objectives and challenges within specific investor segments.

Model private markets portfolios
Customizable, actively managed solutions that integrate private markets and scalable implementation – reshaping how advisors deliver personalized investment strategies.

Custom funds of one (drawdown or evergreen)
Customized allocations designed to complement existing alt



