12:25 PM EDT, 07/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

BlackRock ( BLK ) announced plans to acquire real estate investment firm ElmTree Funds for an undisclosed amount in a deal set to close in Q3. While the acquisition of ElmTree, which manages $7.3B in AUM (representing less than 1% of BLK's $11.58T total AUM as of March 31, 2025), is not financially significant to BLK, it represents another element in the successful continuation of BLK's acquisition strategy. ElmTree is set to join BlackRocks's growing Private Financing Solutions platform alongside recently acquired HPS Investment Partners. We applaud BLK's acquisition strategy and believe the firm's three growth pillars its market-leading ETF franchise, proprietary Aladdin technology platform, and strategic expansion into alternative assets will widen its moat and support a premium valuation versus peers. Management aims to derive 30%-plus of revenue from private markets and technology by 2030, up from about 15% in 2024. We expect additional bolt-on acquisitions as BLK builds out this emerging business unit.