July 8, 2025

BlackRock acquiring ElmTree Funds

Funds

Blackrock Acquiring $7.3B Firm ElmTree Funds

BlackRock struck a deal to acquire ElmTree Funds, a St. Louis-based net-lease real estate investment firm managing $7.3 billion in assets. The investment giant will pay primarily in stock upfront with additional consideration tied to ElmTree’s performance over five years, according to a press release. Financial terms of the acquisition were not disclosed. ElmTree will

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