08:15 AM EDT, 06/12/2025 (MT Newswires) -- BlackRock ( BLK ) said Thursday it is targeting $400 billion in private-markets fundraising by 2030.

The asset manager said it is also aiming for over $35 billion in revenue by 2030, compared with 2024 revenue of $20 billion, according to an investor presentation.

BlackRock ( BLK ) also said it is targeting a market capitalization of $280 billion in five years, approximately doubling its 2024 figure.