Rupak Ghose (@rupakghose): "Blackrock’s $30bn private markets’ acquisition binge looks increasingly questionable. Very high multiples paid that depend on them delivering a boom of private credit ETFs and other synergies. Link to latest Substack piece 👇"

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Blackrock’s $30bn private markets’ acquisition binge looks increasingly questionable. Very high multiples paid that depend on them delivering a boom of private credit ETFs and other synergies. Link to latest Substack piece 👇

Rupak's Substack

Is Blackrock’s success now dependent on alpha generation and not asset gathering?

Apr 3

7:55 PM

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