Key Takeaways
- • BlackRock reported record assets under management of $15.3 trillion, per the Pensions & Investments coverage of the story.
- • Ares, Blackstone, Blue Owl and other alternative managers reported record or near-record fundraising in the third quarter.
- • Executives indicated private credit conditions are stabilizing, while managers diverge on how to invest in AI infrastructure.
- • Alternative managers are pushing further into the wealth channel to broaden their investor base.
Summary
BlackRock's assets under management reached a record $15.3 trillion, according to Pensions & Investments, which reported the milestone alongside third-quarter earnings commentary from several alternative asset managers. The article, written by Lydia Tomkiw and Jesse Pound, frames the quarter around record or near-record fundraising across the sector.
Ares, Blackstone, Blue Owl and others reported record or near-record fundraising in the third quarter. Executives indicated that private credit is stabilizing, signaling a more settled backdrop for the segment after a period of pressure. The reporting highlights that managers are not uniform in their approach to AI infrastructure, with firms taking differing positions on how best to deploy capital into data centers and related assets.
The managers also continue to push deeper into the wealth channel, expanding distribution to individual investors as a source of capital alongside traditional institutional allocators. For institutional investors and family offices tracking alternatives, the quarter underscores both strong capital formation and a growing emphasis on wealth-channel products.
The primary source is limited in detail, so specific fund sizes, quarterly fundraising totals and individual manager figures beyond those cited above are not reported here.
Ares, Blackstone, Blue Owl and others reported record or near-record fundraising in the third quarter. Executives indicated that private credit is stabilizing, signaling a more settled backdrop for the segment after a period of pressure. The reporting highlights that managers are not uniform in their approach to AI infrastructure, with firms taking differing positions on how best to deploy capital into data centers and related assets.
The managers also continue to push deeper into the wealth channel, expanding distribution to individual investors as a source of capital alongside traditional institutional allocators. For institutional investors and family offices tracking alternatives, the quarter underscores both strong capital formation and a growing emphasis on wealth-channel products.
The primary source is limited in detail, so specific fund sizes, quarterly fundraising totals and individual manager figures beyond those cited above are not reported here.
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