BlackRock Sees Big Investors Boosting Private Equity, PE Stakes
- World’s largest manager surveyed 200 institutional investors
- 72% to boost private equity holdings, 52% will boost credit
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BlackRock Inc. said it expects institutional investors to increase allocations to private equity and private credit funds this year even amid recession fears and rising interest rates.
Investors including pension funds, family offices and insurers currently allocate 24% of their portfolios, on average, to private markets, according to a newly released BlackRock survey of senior executives and allocators at more than 200 firms managing a total of $15 trillion.