BlackRock acquires ElmTree 03 September 2025US Reporter: Zarah Choudhary
Image: nespix/stock.adobe.com
BlackRock, a fiduciary to investors and a provider of financial technology, has completed its acquisition of ElmTree Funds.
According to the firm, the addition of ElmTree will further elevate BlackRock’s Private Financing Solutions (PFS) platform as one of the industry’s providers of comprehensive solutions for companies and investors alike.
ElmTree aims at accelerating PFS’s efforts to scale its range of investment solutions for clients looking for long-dated contractual income for their portfolios, while supporting the critical infrastructure and growth plans of companies across the US.
James Koman will continue to lead the ElmTree investment strategies as part of PFS.
Scott Kapnick, chairman of PFS executive office and founding partner and CEO of HPS Investment Partners, says: “We are thrilled to welcome our new colleagues from ElmTree Funds to PFS.
“Combining ElmTree’s expertise in the commercial net-lease sector with our leading capabilities and scale further augments our ability to provide diverse investment solutions for our clients as we continue to capture the immense opportunities created by structural shifts in the capital markets.
“We are excited to deliver on the potential of this combined platform, with Jim and his team onboard for this next step in our evolution.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: nespix/stock.adobe.com 