BlackRock Completes Acquisition of ElmTree Funds
September 2, 2025
BlackRock has completed its acquisition of ElmTree Funds, a commercial net-lease real estate investment firm headquartered in St. Louis. ElmTree will be integrated into BlackRock’s Private Financing Solutions (PFS) platform to help scale long-dated, contractual income investment solutions and expand PFS’s real estate owner-operator capabilities.
- Buyers
- BlackRock, Inc.
- Targets
- ElmTree Funds
- Industry
- Financial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
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