06.26.25

BlackRock Deepens Push Into Private Investments for the Masses

by: Anne Tergesen

BlackRock is accelerating a push into private investments by including them in funds for 401(k) retirement plans. The asset manager said it plans to offer a 401(k) target-date fund with a 5-20% allocation to private investments, depending on an investor’s age, in the first half of 2026. As a step toward that goal, BlackRock is providing public and some private investments for a 401(k) target-date fund offered by Great Gray Trust Co., which offers 401(k) investments.

Read the full article on The Wall Street Journal