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Investment Strategies

Multi-Alternatives

BlackRock’s Multi-Alternatives team (“Multi-Alts”) designs and manages diversified, portfolio solutions across liquid and illiquid alternatives by leveraging BlackRock’s investment capabilities, access to both deal flow and external managers and the firm’s technology platform.

Benefits of a multi-alternative solution

Our Multi-Alts platform seeks to both identify and solve clients’ needs by harnessing expansive investment insights, sourcing channels, and risk expertise to help enhance client outcomes. We take an open architecture approach, partnering with BlackRock and non-Blackrock investment teams, seeking to deliver optimal portfolio solutions to address client needs.

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Comprehensive portfolios
We build solutions designed to address clients’ needs in a whole portfolio context.
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Unconstrained access
We utilize an open architecture model with offerings across liquid to illiquid alternatives.
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Focus on alpha return drivers
We measure and model risk factors and drivers, then seek to select idiosyncratic risks.
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End-to-end client solutions
We build relationships on transparency, tailoring our involvement to be an extension of staff.

Global Private Markets Survey

For many investors, private credit, private equity, infrastructure and real estate are no longer considered alternative but, in fact, a core component of the modern investment portfolio. Read more about our private markets insights at the link below.
global private market outlook

Our differentiated approach

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Proprietary technology

Deep technology resources improve our understanding of portfolio risk, inform allocation decisions, and enhance effective capital deployment.

Open architecture

Investment access through internal strategies and external managers allows us to leverage our sourcing capabilities to capture attractive opportunities.

Flexible implementation

Targeting effective capital deployment through both fund and direct investments, while considering market factors and relative value view across strategies.

Single touch point

Relationship structure that promotes cost-efficiency, scalability, and flexibility while helping investors plan, manage, and execute over a multi-year journey.

We offer solutions for a variety of client objectives

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Whole alternatives portfolio solutions
Fully diversified alternatives program designed and managed in the context of a client’s total portfolio
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Customized solutions
Customized solutions across portfolio design, implementation, and engagement
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Multi-alternatives commingled funds
Scaled solutions addressing common objectives and challenges within specific investor segments
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Portfolio diagnostics & recommendations
Portfolio analysis, cash flow modeling, and alternatives allocation guidance for portfolio optimization

Meet the Multi-Alts team

The roughly 150 investment professionals that are dedicated to Multi-Alts solutions capitalize on BlackRock’s scale of more than $300 billion in private markets, unparalleled access, and expertise to source, underwrite, and manage differentiated alternative investments.

Tarek Mahmoud
Head of Multi-Alternatives within Multi-Asset Strategies & Solutions (MASS) and Chairman of EMEA Private Markets
Adam Ryan
Chief Investment Officer of Multi-Alternatives and Head of Diversified Strategies within Multi-Asset Strategies & Solutions (MASS)
Aimee Hirata
Global Head of Multi-Alternatives Product Strategy within Multi-Asset Strategies & Solutions (MASS)

Contact our institutional team to learn more about multi-asset strategies

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