After decades of global integration, markets have entered a new era, shaped by policy-driven economics, shifting alliances, and growing political fragmentation. Discover how family offices are navigating the evolving geopolitical landscape and reshaping their investment strategies.
Family offices
Opportunities in fixed income
Allocations in fixed income can help family offices preserve and grow wealth, creating a sustainable source of income balanced with capital appreciation and tax efficiency.
Alternative strategies
Today’s family offices seek to enhance returns and diversify from traditional public markets exposure. Our alternatives platform is designed to deliver differentiated outperformance and help investors achieve their own unique goals and objectives.
How we serve family offices
We provide family office investors full access to the breadth and depth of BlackRock to help each client achieve their unique investment goals:
- OCIO services and whole portfolio strategies
- Alpha generation/capital appreciation
- Wealth preservation for future generations
- Stable streams of income
- Tax loss harvesting
- Cash management
- Risk mitigation
- Direct investing
Global Family Office Report
After decades of increasing global economic integration, markets are entering a new era, one shaped by policy-driven economics, shifting alliances, and growing political fragmentation. Discover how family offices are navigating the evolving geopolitical landscape and reshaping their investment strategies.
In the family audiocast series
Demand for SMA vehicles and tax management is rapidly growing. We see long/short strategies as the next big industry disrupter. Listen to our latest audiocast episode to hear a discussion on tax-managed long/short strategies, their benefits and risks, tailored for family offices.
Investing strategies for family offices
With access to BlackRock’s extensive suite of investment strategies across asset classes, our dedicated family office team creates a tailored client experience built to address each client's unique objectives.
Diversified alternatives
As family office investors look to expand beyond traditional allocations in search of alpha generation, such as capital appreciation and uncorrelated income streams, alternative strategies are playing an increasingly critical role in their portfolios.
At BlackRock we believe that the need for an approach to alternative investing that is scalable, disciplined, integrated, technology-enabled and transparent has never been greater. BlackRock alternatives platform is designed to deliver family offices outperformance across a range of investment solutions such as private equity, private credit, hedge funds, infrastructure and real estate.
Spotlight strategies for family offices
Private equity
Our private equity platform takes a holistic approach to private equity portfolios, offering both direct strategies and portfolio solutions that align with family office objectives and seek to deliver persistent outperformance.
Hedge funds
With over twenty years of proven experience in managing direct strategies, our hedge fund platform is differentiated in its combination of skill and scale, delivering solutions that span geographies, asset classes and styles.
Private credit
BlackRock offers a suite of strategies across private credit, including direct lending, opportunistic and special situations investments strategies.
Fixed income
Family offices seeking to achieve positive returns with historically lower risk than other asset classes are utilizing fixed income strategies within their broader portfolio.
With Rick Rieder as BlackRock’s Chief Investment Officer of Global Fixed Income, BlackRock helps family office investors navigate the entire fixed income spectrum - from taxable & tax-exempt, active & index, public to private, fundamental & systematic - to help deliver better outcomes, convenience, value and transparency for our clients.
Spotlight strategies for family offices
Short duration
BlackRock’s short duration strategies employ a fundamental, diversified and relative-value approach focused solely on the front end of the yield curve.
Municipals
BlackRock’s municipal bond team manages a diverse set of portfolios including national and state-specific mutual funds and separate accounts across the credit spectrum.
Unconstrained
BlackRock’s unconstrained fixed income strategies navigate across sectors seeking to optimize for stable attractive returns, while managing downside risk.
Active equities
Family offices seeking resilient long-term capital appreciation and/or exposure to specific sectors in their diversified portfolio often look for investment opportunities across BlackRock’s extensive equity platform.
Our fundamental and systematic equity strategies offer family office investors curated access to global markets as well as key investment insights. BlackRock’s equity investors and researchers combine company-specific research, innovative proprietary modeling and industry analysis to provide clients with insights that aim to deliver consistent, differentiated outperformance.
Fundamental
Our fundamental active equity investment strategies leverage BlackRock’s resources to meet client demands for higher alpha and outcome-oriented strategies.
Systematic
BlackRock’s systematic investment platform combines cutting-edge technology, scientific research and human insight in the relentless pursuit of investment performance.
Index
Index investing strategies, including ETFs and direct index customization, can help reduce portfolio volatility, create liquidity sleeves and reduce costs.
Cash management
Family office investors need effective cash management solutions that consider anticipated liquidity needs, such as capital calls, personal expenditures, inflows from operating businesses, potential expenditures and liquidity events, while also offering the potential for an enhanced yield profile hedged against risk.
BlackRock offers investment strategies and vehicles such as money market accounts (MMAs), short duration strategies, ETFs and separately managed accounts (SMAs) to deliver on a family office’s individual liquidity needs.
Outsourced Chief Investment Officer (OCIO)
As family offices face in-house resource constraints and increasingly complex responsibilities, utilizing an outsourced investment team is a cost-effective and consistent solution from generation to generation.
At BlackRock, an outsourced chief investment officer (OCIO) serves as the investment arm for a family office, partnering to provide:
- Extensive, custom asset allocation and proactive advice to meet the families' unique investment objectives
- Cost-effective and tax-efficient access to investment strategies and resources
- Access to a systematic and institutionally diversified private markets program
Dedicated CIO model
Our CIOs are aligned with specific client segments, helping them solve specific challenges.
Broad investment toolkit
We believe investing in today’s markets requires a full toolkit of investment capabilities, from active, index, factor to alternative—all of which BlackRock can provide.
Tax efficiency
Our Aperio platform provides customized strategies and tailored solutions that help optimize for after-tax returns.
Cost-effective partnership
We understand the dynamics of a family office and therefore serve as an extension of a client’s staff to help free up their time to focus on continuing to serve the family.
Tax planning
BlackRock understands that after-tax returns are a key investment consideration for family office clients.
Aperio by BlackRock offers personalized, tax-optimized, index-tracking equity SMAs that reflect the goals and values of each family office investor. For more than two decades, Aperio has been an innovator in after-tax performance optimization.
- Market exposure: From standard indexes to blended benchmarks for custom exposure
- Tax management: From custom levels of tax-loss harvesting to other tax economics techniques aiming to generate tax alpha
- Values-aligned investing: From personal values to a perfectly aligned portfolio through granular tilts, exclusions, and shareholder engagement
- Factor tilts: From traditional factors such as Value and Momentum to fully custom tilts
- Risk management: From minimized tracking error to sophisticated volatility control
Aperio: Aligning investments with values
Our experts at Aperio partnered with a family foundation that was looking to better align their investments with their values. The outcome? A tailored portfolio that aligns closely with the foundation’s mission and still achieves their investment objectives.
Tools and resources
Aladdin
Unlock value and scale, while uncovering insights across horizontal functions, strategies, geographies and everything in between.
More tools and resources
Our family office team
With regional coverage across the country, the team offers tailored expertise centered on unique family needs.
Lili Forouraghi
Head of Family Offices, Healthcare, Endowments and Foundations and Official Institutions
Lili Forouraghi, CFA, Managing Director, is Head of BlackRock's Family Office, Healthcare, Endowments and Foundations and Official Institutions effort for the U.S., which provides investment management services, risk management and advisory solutions to these client segments.
