BlackRock Alternatives Management, LLC

It covers the full spectrum from early-stage venture—via its BlackRock Private Equity Partners fund-of-funds—to growth equity, buyouts, core/core-plus infrastructure and real estate, and opportunistic credit. Majority of commitments are to later-stage private equity, infrastructure, and private credit where BlackRock can deploy large commitments at scale.

Per public sustainability reports, the firm applies exclusions for controversial weapons, thermal coal mining, and oil sands under certain client mandates. It does not avoid any broad sector entirely for its alternatives platform; the investment scope depends on client mandates and fund strategies.

It actively seeks co-investment rights in many of its GP relationships, both for client accounts and for its own fund-of-funds vehicles. Co-investments allow it to deploy capital without overlapping management fees, which is a stated priority for institutional clients in public documents.