BlackRock, Inc.
Close on Nov 2, 2026Market cap $379.27BP/E 27.9Yield 1.79%
BlackRock Private Markets by Year
Private Markets — Infrastructure (Incl. GIP from 4Q24) — Ending AUM ($M)
BlackRock Private Markets: $112,116M in FY2025, up 2.3% from a year earlier. That is the highest of the 9 years on record here.
Where the FY2025 figure comes from
“|| Infrastructure | $ | 109,606 | $ | 15,757 | $ | (11,975 | ) | $ | - | $ | (3,150 | ) | $ | 1,878 | $ | 112,116 | $ | 109,690”
Source: 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗
Infrastructure Private Markets franchise ($225,529M AUM at 3Q26; $108,826M at FY2025 + $33,962M non-fee-paying committed capital), expanded via the Oct 1, 2024 acquisition of Global Infrastructure Partners (GIP).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Private Markets — Infrastructure (Incl. GIP from 4Q24) — Ending AUM ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 112,116 | +2.3% | 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗ |
| FY2024 | Dec 31, 2024 | 109,606 | +207.0% | FY2025 Form 10-K (2026-02-25) ↗ |
| FY2023 | Dec 31, 2023 | 35,701 | +20.8% | FY2024 Form 10-K (2025-02-25) ↗ |
| FY2022 | Dec 31, 2022 | 29,548 | +15.1% | FY2023 Form 10-K (2024-02-23) ↗ |
| FY2021 | Dec 31, 2021 | 25,669 | +8.8% | FY2022 Form 10-K (2023-02-24) ↗ |
| FY2020 | Dec 31, 2020 | 23,598 | +24.0% | FY2021 Form 10-K (2022-02-25) ↗ |
| FY2019 | Dec 31, 2019 | 19,026 | +634,100.0% | FY2020 Form 10-K (2021-02-25) ↗ |
| FY2018 | Dec 31, 2018 | 3 | -100.0% | FY2018 Form 10-K (2019-02-28) ↗ |
| FY2017 | Dec 31, 2017 | 11,328 | – | FY2018 Form 10-K (2019-02-28) ↗ |
Breakdown
What makes up private Markets
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Average AUM109,690 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Beginning AUM109,606 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Net Flows (Inflows / Outflows)15,757 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Realizations (Return of Capital)-11,975 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Market Change (Appreciation / Depreciation)-3,150 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — FX Impact1,878 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Acquisitions & Dispositions Impact0 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Non-Fee-Paying Committed Capital (Dry Powder)36,257 · FY2025
Cite this data
StockData. (2026). BlackRock Private Markets ($M), annual FY2017–FY2025 [Data set]. Compiled from BlackRock SEC filings and investor materials. https://stockdatahq.com/stocks/blk/kpis/g4-pm-infra-end-aum
See every metric in the BlackRock KPI table. Data updated Oct 25, 2026.