Our liquid alternatives platform leverages extensive company and market access, deep market insights, and proprietary risk and quantitative analysis capabilities aiming to deliver differentiated alpha for our clients.
Hedge Funds
Why BlackRock for hedge funds?
Differentiated alpha
We build portfolios that seek to deliver idiosyncratic sources of returns that capitalize on market volatility and dispersion.
Diversifying
We build high breadth portfolios using a disciplined, methodical process with a distinct focus on taking compensated risks.
Defensiveness
We seek to deliver strategies with a clear understanding and delineation between alpha and beta return sources.
Investment skill at scale
At BlackRock, we empower our hedge fund investors to operate seamlessly at scale. We harness unparalleled expertise, global reach, and cutting-edge technology to deliver solutions across geographies, asset classes, and investment styles. Discover the advantages of investing at scale with Raffaele Savi, Global Head of BlackRock Systematic.
Our hedge fund platform
BlackRock manages $76bn in hedge fund assets
Our 27+ year track record consists of $48 billion in direct hedge funds and $29 billion in hedge fund solutions
Dedication to rigor and consistency
Robust, repeatable, research-driven processes form the backbone of our investment teams
Commitment to client needs
We leverage the extensive expertise gained from our platform's scale to provide our clients with valuable insights and solutions
Powered, enabled and supported by BlackRock
Extensive trading, risk management, and capital markets resources enable our hedge fund managers to focus solely on generating alpha on behalf of our clients
Investment strategies
Our hedge fund strategies combine our skill and scale to offer solutions across geographies, asset classes and styles.
Equities
At BlackRock, our long/short equity strategies are among our largest and most established hedge funds. Our market-neutral approach aims for absolute returns irrespective of market conditions.
Fixed income
Traditional fixed income investing has been centered on factor beta bets on both credit and duration. We build diversified, global fixed income multi-strategy hedge funds to deliver returns independent of traditional market betas.
Multi-asset
Our flagship macro and multi-strategy hedge funds utilize sub-strategies to seek idiosyncratic alpha across asset classes, global geographies, market structures, and investment horizons.
Event-driven
Our event-driven team uses the collective intelligence of the Blackrock platform to capitalize on the value gap arising from the misunderstood nature of transformative events.
Hedge fund solutions
Identifying and selecting the best hedge funds can be hard and labor intensive. HFS’s dedicated investment team has experience and expertise across multiple market cycles building successful hedge fund programs for our investors.
Investors
Our investors have an unrelenting focus on generating alpha for our clients. By leveraging diverse backgrounds and approaches, our experts collaborate with portfolio construction and risk management teams to develop strategies focused on consistent alpha generation, regardless of market conditions.
2025 Hedge Fund Outlook
Geopolitical fragmentation, globalization shifts, and rapid technological advancements are reshaping the global financial landscape. Investors face unprecedented challenges and opportunities, requiring strategies that manage macro risks, harness unique alpha sources, and diversify clients' portfolios.
Insights
Underestimated Edge: How Machine Learning Is Enhancing Macro Investing
While many dismiss macro as too sparse for AI, this research reveals how purpose-built machine learning is unlocking the potential for alpha where others see limits—turning local signals into global insights, and complexity into clarity.
