BlackRock, Inc.
Close on Nov 2, 2026Market cap $379.27BP/E 27.9Yield 1.79%
BlackRock Private Markets by Year
Private Markets — Private Credit (Incl. HPS from 3Q25) — Ending AUM ($M)
BlackRock Private Markets: $145,385M in FY2025, up 348.4% from a year earlier. That is the highest of the 8 years on record here.
Where the FY2025 figure comes from
“|| Private credit | 32,425 | 18,703 | (7,717 | ) | 101,017 | (726 | ) | 1,683 | 145,385 | 83,256”
Source: 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗
Private Credit franchise ($327,274M AUM at 3Q26; $133,891M at FY2025 + $35,692M non-fee-paying committed capital), expanded via the Jul 1, 2025 acquisition of HPS Investment Partners.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Private Markets — Private Credit (Incl. HPS from 3Q25) — Ending AUM ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 145,385 | +348.4% | 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗ |
| FY2024 | Dec 31, 2024 | 32,425 | +4.2% | FY2024 Form 10-K (2025-02-25) ↗ |
| FY2023 | Dec 31, 2023 | 31,128 | +25.3% | FY2024 Form 10-K (2025-02-25) ↗ |
| FY2022 | Dec 31, 2022 | 24,842 | +28.6% | FY2023 Form 10-K (2024-02-23) ↗ |
| FY2021 | Dec 31, 2021 | 19,313 | +48.0% | FY2021 Form 10-K (2022-02-25) ↗ |
| FY2020 | Dec 31, 2020 | 13,050 | +17.5% | FY2021 Form 10-K (2022-02-25) ↗ |
| FY2019 | Dec 31, 2019 | 11,109 | +28.1% | FY2020 Form 10-K (2021-02-25) ↗ |
| FY2018 | Dec 31, 2018 | 8,671 | – | FY2019 Form 10-K (2020-02-28) ↗ |
Breakdown
What makes up private Markets
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Average AUM83,256 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Beginning AUM32,425 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Net Flows (Inflows / Outflows)18,703 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Realizations (Return of Capital)-7,717 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Market Change (Appreciation / Depreciation)-726 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — FX Impact1,683 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Acquisitions & Dispositions Impact101,017 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Non-Fee-Paying Committed Capital (Dry Powder)5,561 · FY2024
Cite this data
StockData. (2026). BlackRock Private Markets ($M), annual FY2018–FY2025 [Data set]. Compiled from BlackRock SEC filings and investor materials. https://stockdatahq.com/stocks/blk/kpis/g4-pm-credit-end-aum
See every metric in the BlackRock KPI table. Data updated Oct 25, 2026.