Alternatives – Explore Alternative Investing

ALTERNATIVES FOR ADVISORS

BlackRock’s alternatives platform is uniquely positioned to help clients seeking to capture investment opportunities and aiming for higher returns, greater portfolio diversification, and stronger outcomes. Explore how our platform could elevate your strategy.

Our leading alternatives platform

BlackRock is breaking barriers to alternatives.

With institutional access to private markets, infrastructure, and liquid alternatives, our firmwide network of investment professionals helps us empower advisors to build portfolios beyond the 60/40.

$631

Billion in alternatives AUM¹

2000

Investment professionals globally across 30+ countries

3500

Bank, sponsor, corporate, and co-invest relationships

As of 06/30/2025.

A global leader in innovation

Since its founding, BlackRock has evolved alongside capital markets to help clients navigate change and access opportunities across the whole portfolio. We continue to expand our capabilities in private credit, market data, and infrastructure, with our recent acquisitions enhancing strength and scale.

HPS Investment Partners

HPS Investment Partners is a leading global credit investment manager with capabilities across the capital structure, bringing institutional access with BlackRock’s scale.

Preqin

Preqin is a leading provider of financial data, benchmarks and analytics for alternative assets, giving you the transparency to intelligently implement alternative strategies.

Global Infrastructure Partners

GIP specializes in energy, transport, digital infrastructure, and water/waste management, expanding our global platform to deliver differentiated infrastructure opportunities.

Integrate, diversify, and scale alternatives across your practice

BlackRock empowers advisors to seamlessly integrate alternative investments into their portfolios. With specialized expertise, cutting edge analytics, and a robust product suite, our platform helps you deliver differentiated outcomes and build more resilient portfolios.

Product

Access innovative solutions across private markets, liquid alternatives, infrastructure, real estate, and hedge funds.

Portfolio

Leverage BlackRock’s tools and models to optimize alternatives in your portfolio. Powered by the Aladdin platform and Preqin analytics.

Partnership

From ideation to implementation, our team helps you scale alternatives with confidence alongside BlackRock’s investment experience.

Diversification does not guarantee investment success or protect against investment loss.

EXPLORE PRIVATE MARKETS

The rise in private markets

BlackRock has a history of delivering innovative solutions for our clients and shaping the future of the industry: whether combining index and active or pioneering managed model solutions. Now, we’re looking to empower more investors to unlock the power of private markets.

P⁠ublic markets alone may limit portfolio potential. Explore BlackRock’s Private Markets Hub for insights and our suite of strategies to help meet your investment objectives. Discover how our offerings can strengthen your portfolio.

Explore Private Markets Hub Explore Private Markets Hub

OUR FUNDS

Solutions making alternatives investing easier

Discover solutions built to make alternatives investing simpler: from hedge fund strategies in mutual fund wrappers to evergreen private markets and portfolio solutions. Explore BlackRock’s offerings and capabilities to support your clients’ goals.

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Private markets

Seek to amplify with new vehicles designed for wealth clients.

Private credit direct lending BDCs*

BlackRock Private Credit Fund

BDEBT provides access to directly-originated, senior-secured loans to core middle market U.S. companies.

About BDEBT About BDEBT

HPS Corporate Lending Fund

HLEND offers a diversified portfolio of senior-secured, floating-rate loans to upper-middle market companies.

About HLEND About HLEND

Credit interval funds**

BlackRock HPS Credit Strategies Fund²

CREDX dynamically allocates across the full credit spectrum to seek opportunities for total returns.

About CREDX About CREDX

BlackRock Municipal Credit Alpha Portfolio

MUNEX targets enhanced exposure to high yield municipal credit, seeking relative value opportunities

About MUNEX About MUNEX

Private equity tender-offer fund***

BlackRock Private Investments Fund

BPIF delivers access to a diverse, core portfolio of institutional private equity in a registered fund structure.

About BPIF About BPIF

Explore Private Markets hub

*A Business Development Company (BDC) is a regulated investment company under the Investment Company Act of 1940. The products shown in this category are business development company Act 50 non traded investments products.
**Interval funds are closed end funds registered under the 1940 Act that offer periodic liquidity at set intervals rather than daily.
***This tender offer fund (BlackRock Private Investments Fund) is an evergreen private market vehicle that provides quarterly liquidity through tender offers rather than daily redemption.

Featured liquid alternatives

Seek to diversify.

Global Equity Market Neutral Fund

BDMIX is a market neutral strategy seeking consistent returns with low correlations to broad asset classes through a technology-driven process.

About BDMIX About BDMIX

BlackRock Tactical Opportunities Fund

PBAIX invests across 25+ developed and emerging market countries and seeks to capitalize on elevated volatility and macro dispersion.

About PBAIX About PBAIX

Event Driven Equity Fund

BILPX Invests primarily in equity securities of companies undergoing transformative events, including mergers and acquisitions, spin-offs, restructurings, and other catalysts.

About BILPX About BILPX

BlackRock Systematic Multi-Strategy Fund

BIMBX is a multi-asset strategy that seeks uncorrelated and consistent returns across market cycles.

About BIMBX About BIMBX

Alternatives in model portfolios³

Support your high net worth clients at scale with custom models and portfolios.

Our model portfolios provide thoughtful exposure to diversifying alternatives alongside stocks and bonds. Through our proprietary risk technology, we screen for correlation and risk before evaluating returns and selecting strategies.

View Target Allocation with Alternatives View Target Allocation with Alternatives

BlackRock is a leader in public private market allocations, offering an integrated and scalable approach. We help our clients put it all together with a suite of solutions simplifying the use of private markets to pursue their investment objectives.

Discover public-private models solutions Discover public-private models solutions

Our BlackRock Alternatives specialists can share insights about latest diversification strategies and how an allocation to alternatives can help you build better portfolios. Take the next step and contact us today.

Schedule a meeting Schedule a meeting