BlackRock acquisition of ElmTree Funds
Acquisition · 07/07/2025
BlackRock announced an agreement to acquire ElmTree Funds on July 7, 2025 and completed the transaction September 2, 2025. Upfront consideration was to be primarily stock, with potential additional consideration tied to five years of performance. Financial terms were not disclosed. ElmTree joined BlackRock's Private Financing Solutions platform.
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