BlackRock pushed deeper into private markets Monday with the acquisition of commercial real estate firm ElmTree Funds.

The real estate-focused firm will be added to an internal BlackRock group that now includes HPS Investment Partners.

The deal to buy ElmTree Funds will boost New York-based BlackRock's move into private markets, according to a release.

The commercial net lease company holds investments in 122 properties across more than half of the country’s states.

ElmTree Funds will be acquired by BlackRock in a stock trade that's expected to close in the third quarter, giving the firm ...

BlackRock, Inc. announced that it has entered into a definitive agreement to acquire ElmTree Funds, a net-lease real estate ...

BlackRock is set to acquire ElmTree, a real estate firm with $7.3 billion in assets. The deal, primarily stock-based, will ...

The world’s largest asset manager said Monday it is acquiring ElmTree Funds, a firm that manages $7.3 billion of assets, for ...

BlackRock has entered an agreement to acquire ElmTree Funds, a real estate investment firm focusing on single-tenant ...

(Bloomberg) --BlackRock Inc. agreed to buy real estate firm ElmTree Funds, which leases built-to-suit commercial properties ...

A publicly held, multinational investment company plans to acquire a St. Louis-area real estate private equity firm.

ElmTree has a $7.3 billion portfolio of net lease assets.