BlackRock Says Blended Finance at ‘Turning Point’ as Deals Grow

Blackrock headquarters in New York.

Photographer: Jeenah Moon/Bloomberg
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BlackRock Inc. says the market for blended finance has now reached a “turning point,” as it targets growth in deals that combine private and public funding.

The $10 trillion asset manager is focused on “building up our suite of blended finance instruments” as well as public-private partnerships, Heidi Yip, BlackRock’s head of sustainable and transition solutions for Southeast Asia, said at the Singapore Carbon Market & Investor Forum on Friday.