We are an experienced global investor in private market secondaries. On behalf of our clients, we acquire existing interests in private funds and companies, providing liquidity to investors and managers globally.
Our investment platform
The secondaries market has developed into a key source of liquidity in the private markets. As an experienced global investor in private market secondaries, we acquire interests in existing private funds and companies to deliver alpha and immediate diversification for our clients.
Why invest in secondaries?
Pricing
Opportunities often arise to access private assets at attractive entry points
Diversification
Immediate deployment across managers, strategies, vintages and regions
Duration
Shorter holding periods than “primary” private equity funds
A new benchmark for growth
2024 eclipsed the record for the highest year of closed secondary transaction volume, amounting to $162bn across LP-led and GP-led transactions, representing +45% year-over-year (YoY) growth.
Why BlackRock for secondaries
As the world’s largest asset manager, our breadth of network, platform insights and risk management capabilities position BlackRock as a preferred counterparty and trusted partner. With a flexible and opportunistic approach, our seasoned investment team targets inefficiencies across the global secondary market, particularly in the fast growing and often less competitive mid-sized segment.
Mid-size focus
This is a less-competitive segment of the market where we can be highly selective, investing in fewer than 1% of evaluated deals
Breadth of network
Our long-standing relationships and expansive private markets platform position us as a trusted partner and preferred counterparty
Platform insights
We offer unmatched global investment insights and diligence resources from investment professionals in 70 offices across 36 countries.
Risk Management
BlackRock’s differentiated risk management capabilities and technology platform optimize and protect equity value
Our SLS team
BlackRock Secondaries & Liquidity Solutions (SLS) is an experienced group of secondaries investors
Alternatives
As allocations grow, alternative investments play an increasingly critical role in portfolios. The need for an approach that is scalable, integrated, technology-enabled, transparent and based on fiduciary partnership has never been greater.
Private equity
Private equity is an essential element of investors’ portfolios. Investors are seeking differentiated strategies for their private equity allocations based on their unique needs.