09:59 AM EDT, 06/02/2025 (MT Newswires) -- BlackRock ( BLK ) is planning to expand access to its private-market investment products for individual investors in Europe, the Middle East and Africa, Bloomberg reported Monday, citing an interview with Fabio Osta, head of a team for BlackRock's ( BLK ) EMEA wealth unit.

The asset manager is planning to collaborate with digital investment platforms and initiate a hiring drive in the EMEA region to broaden retail access to private assets, Osta told Bloomberg.

The firm has lowered investment minimums to 10,000 euros ($11,350) following regulatory changes. For instance, customers of the digital investment platform Scalable Capital in Germany, Austria and Italy can now access BlackRock's ( BLK ) evergreen private equity fund via a smartphone app, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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