www.bloomberg.com
BlackRock has paused its planned European infrastructure fund aimed at wealthy individuals. This signals a challenge for the company’s strategy to expand access to private markets for individual investors following recent acquisitions. The fund was intended to leverage BlackRock’s existing infrastructure expertise and connect with a new segment of clients, but the decision to halt indicates potential difficulties in the current market environment or with the fund’s structure. This pause represents a setback for BlackRock’s ambitions in attracting individual investment into its private market offerings.
