BlackRock has partnered with Euroclear to expand the distribution of its private market funds via Euroclear’s FundsPlace.

The collaboration is intended to make private markets more accessible to a wider range of investors.

Under the terms of the agreement, BlackRock will make its private debt strategies available on FundsPlace, as well as its European Long-term Investment Funds (ELTIFs), and other private market strategies such as infrastructure, private equity, real estate and multi-alternatives solutions.

“We are pleased to join forces with Euroclear on our shared ambition to make investing in private markets easier and more affordable to a broader range of investors,” said Fabio Osta, head of the alternatives specialists team in EMEA Wealth at BlackRock.

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“Euroclear FundsPlace will offer an additional access point to BlackRock’s private markets platform, supported by product innovation such as ELTIF 2.0 and our educational program for advisors via the BlackRock Alternatives Academy.”

EuroClear’s FundsPlace is an end-to-end fund distribution solution, which includes services such as distribution, order processing, custody solutions, and data management across all fund asset classes. It serves more than 2,500 clients across the globe.

“This collaboration with BlackRock represents a pivotal development for Euroclear as we continue to grow our alternative funds offerings,” said Vincent Clause, global head of funds strategy and product expansion at Euroclear.

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“We are thrilled to broaden investment opportunities for our clients by leveraging our long-standing relationship with BlackRock across mutual funds and ETFs.”

BlackRock said that it chose FundsPlace due to its track record of driving innovation in the industry, such as the successful integration of Goji.

The firm added that the collaboration will further streamline processes for clients through automation and aims to set new standards for efficiency in capital raising, distribution, execution and settlement in alternative funds.

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