BlackRock joins Allfunds’ Private Partners programme

BlackRock has joined the Allfunds Private Partners programme (APP) to broaden access to its private markets offering across EMEA and APAC.

Allfunds is a wealth tech platform and the APP, launched earlier this year, aims to support client access to private market funds through Allfunds’ distribution network.

According to a statement from the company, the partnership should streamline complexities faced by wealth managers and will focus on the distribution of global private market strategies.

Ivan Pascual, head of EMEA iShares and wealth at Blackrock, said joining APP would “allow [BlackRock] to deliver on strategic priorities of broadening access to private market strategies, accelerating distribution in EMEA, and enabling our wealth management partners to scale their own distribution efforts.”