BP
LP profile
BlackRock Private Equity Partners
Fund of fund · Founded 1999 · Princeton, United States
33
VC firms backed
$70B
AUM
01 · Background
Who BlackRock Private Equity Partners is.
- Historical Background
- BlackRock Private Equity Partners is the dedicated private equity platform of BlackRock, the world's largest asset management firm. BlackRock was established in 1988, and its private equity operations form a significant part of its alternative investment offerings. The platform has grown to manage tens of billions in client assets, leveraging the parent company's extensive global reach and analytical capabilities.
- Source of Capital
- Capital is sourced from a diverse, global base of institutional and individual investors. Known limited partners include institutional clients such as public and private pension funds, as exemplified by the North Dakota Retirement and Investment Office. The firm also manages funds like the BlackRock Private Investments Fund (BPIF), which provides access to private equity for qualified individual investors.
- Major Events
- In 2019, BlackRock acquired eFront, a leading software provider for the alternative investment industry. This acquisition was a strategic move to enhance the firm's private market capabilities by integrating eFront's data and analytics into its Aladdin operating system, aiming to improve transparency and risk management in private equity.
- Allocation Strategy
- The firm's strategy is centered on alternative investments, with a specific focus on private equity. BlackRock Private Equity Partners pursues a global investment mandate, engaging in a range of strategies that include direct co-investments alongside other managers, primary fund commitments, and secondary transactions. The platform is sector-agnostic, seeking opportunities across various industries. It employs a selective investment approach, capitalizing on a high volume of deal flow to identify compelling opportunities.
02 · Fund commitments
The funds BlackRock Private Equity Partners backs.
BlackRock Private Equity Partners is a limited partner in 33 funds. 12 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Accel
#4 Power Law
General Catalyst
#13 Power Law
Insight Partners
#23 Power Law
IDG Capital
#27 Power Law
Benchmark
#47 Power Law
Balderton Capital
#59 Power Law
Canaan
#103 Power Law
Madrona Venture Group
#151 Power Law
Polaris Partners
#181 Power Law
Bain Capital
#239 Power Law
U.S. Venture Partners
#342 Power Law
83North
#427 Power Law
Abingworth
Audax Private Equity
Columbia Capital
Court Square Ventures
DeNovo Ventures
Eden Ventures
EQT Group
ETF Partners
LivingBridge
Scottish Equity Partners
03 · Allocation
How BlackRock Private Equity Partners’ fund book is spread.
The 33 funds BlackRock Private Equity Partners backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 2370%
- Europe 927%
- Rest of world 13%
United States 23 · United Kingdom 8 · China 1 · Sweden 1
How established those managers are
Managers grouped by how many funds they have raised — across the 22 of 33 with a fund history on record.
Emerging funds · 1
Established funds · 21
1
1
2
3
5
4
1
5-6
5
7-9
3
10-14
7
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other funds of funds in the Power Law LP ranking, closest to BlackRock Private Equity Partners by combined power-law score — North America first, then the nearest worldwide.
🇩🇰
ATP Private Equity Partners
$18B AUM
55 VC funds backed
🇺🇸
Horsley Bridge Partners
$22B AUM
44 VC funds backed
🇬🇬
Partners Group Private Equity Performance Holding
$370M AUM
114 VC funds backed
🇺🇸
Fairview Capital Partners
$2.7B AUM
56 VC funds backed
🇺🇸
Greenspring Associates
$22B AUM
28 VC funds backed
🇺🇸
Hamilton Lane
$124B AUM
59 VC funds backed
🇺🇸
TIFF
$10B AUM
53 VC funds backed
🇺🇸
Wilshire Associates
$1.2T AUM
47 VC funds backed