07:13 AM EDT, 03/25/2025 (MT Newswires) -- BlackRock ( BLK ) has signed a memorandum of understanding with Emirates NBD to establish an investment platform that will provide the bank's wealth clients access to alternatives, especially within private markets, Emirates NBD said Tuesday.

BlackRock ( BLK ) and Emirates NBD Asset Management will roll out an initial set of offerings targeting income and growth strategies for the United Arab Emirates.

BlackRock ( BLK ) will also support Emirates NBD Asset Management's plans to expand its private markets offering by providing marketing, education, training, technology and other services, the companies said.