Emirates NBD and BlackRock Partner to Offer Wealth Management Clients Access to Private Market Investments
Emirates NBD, one of the leading banks in the United Arab Emirates, has recently partnered with BlackRock, a global investment management corporation, to provide its wealth management clients with access to private market investments. This collaboration aims to offer UAE investors opportunities in alternative asset classes, focusing initially on private credit and multi-alternatives.
The partnership leverages BlackRock’s Alternative Investments platform, which manages a substantial amount of assets. The platform will provide Emirates NBD’s clients with access to a range of private market investment opportunities, including private credit, private equity, and real estate.
This partnership is a significant development for both Emirates NBD and BlackRock. It allows Emirates NBD to expand its wealth management offerings and provide its clients with access to a wider range of investment opportunities. For BlackRock, it represents an opportunity to expand its reach in the Middle East and tap into the growing demand for private market investments from UAE investors.
The partnership between Emirates NBD and BlackRock is expected to benefit both parties and their clients. It will allow Emirates NBD to offer its clients access to a wider range of investment opportunities, while BlackRock will be able to expand its reach in the Middle East. This partnership is a positive development for the UAE wealth management industry and is expected to benefit investors in the region.
