Adding the private capital database accelerates BlackRock's push to become a major player in alternative assets.
The firm will work with Chicago-based GeoWealth to offer private equity and debt funds.
A wager on a slowing economy has turned the Core Plus fund into one of the market's worst performers.
The index fund giant has reached a crossroads. Can an outsider fix the house Bogle built?
Active funds are outpacing passive index funds as clients seek income.
BlackRock again faces legal action from a Republican-led state over climate issues.
The BlackRock CEO says young people "have lost trust in older generations."
The New York-based firm has repeatedly said that it doesn't boycott the energy industry.
The frenzy over AI has powered a bull market across technology stocks.
The investment firm said the deal will increase its ability to offer tax-efficient investment services.
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