BlackRock’s Key Retirement Funds to Get Private Assets in 2026

BlackRock Inc. said it expects to start offering its own target-date retirement funds that include private assets next year, the latest push by the $12.5 trillion money manager to bring alternatives to everyday investors.

The company is working on a plan to launch a proprietary LifePath target-date fund with private assets, Chief Financial Officer Martin Small said Tuesday on the firm’s second-quarter earnings call.

“Building better portfolios for retirees is at the heart of what we do,” Small said. “This is a place that we have particular strength and can add a lot of value, rather than just rote allocations ...