BlackRock, Inc.
Close on Nov 2, 2026Market cap $379.27BP/E 27.9Yield 1.79%
BlackRock Total Private Markets (Illiquid Alternatives) by Year
Total Private Markets (Illiquid Alternatives) — Ending AUM ($M)
BlackRock Total Private Markets (Illiquid Alternatives): $322,624M in FY2025, up 52.2% from a year earlier. That is the highest of the 10 years on record here.
Where the FY2025 figure comes from
“|| Total private markets | $ | 211,974 | $ | 39,834 | $ | (30,178 | ) | $ | 101,017 | $ | (5,161 | ) | $ | 5,138 | $ | 322,624 | $ | 261,535”
Source: 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗
Total Private Markets AUM ($680,829M at 3Q26; $322,624M at FY2025 + $91,033M non-fee-paying committed capital) across Infrastructure, Private Credit, Private Equity, Real Estate, and Multi-Alternatives.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Total Private Markets (Illiquid Alternatives) — Ending AUM ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 322,624 | +52.2% | 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗ |
| FY2024 | Dec 31, 2024 | 211,974 | +54.8% | FY2025 Form 10-K (2026-02-25) ↗ |
| FY2023 | Dec 31, 2023 | 136,909 | +16.3% | FY2024 Form 10-K (2025-02-25) ↗ |
| FY2022 | Dec 31, 2022 | 117,751 | +14.8% | FY2023 Form 10-K (2024-02-23) ↗ |
| FY2021 | Dec 31, 2021 | 102,579 | +19.6% | FY2022 Form 10-K (2023-02-24) ↗ |
| FY2020 | Dec 31, 2020 | 85,770 | +13.8% | FY2021 Form 10-K (2022-02-25) ↗ |
| FY2019 | Dec 31, 2019 | 75,349 | +25.9% | FY2020 Form 10-K (2021-02-25) ↗ |
| FY2018 | Dec 31, 2018 | 59,827 | +26.6% | FY2019 Form 10-K (2020-02-28) ↗ |
| FY2017 | Dec 31, 2017 | 47,270 | +14.3% | FY2018 Form 10-K (2019-02-28) ↗ |
| FY2016 | Dec 31, 2016 | 41,340 | – | FY2017 Form 10-K (2018-02-28) ↗ |
Breakdown
What makes up total Private Markets (Illiquid Alternatives)
- Total Private Markets (Illiquid Alternatives) — Average AUM261,535 · FY2025
- Total Private Markets (Illiquid Alternatives) — Beginning AUM211,974 · FY2025
- Total Private Markets (Illiquid Alternatives) — Net Flows (Inflows / Outflows)39,834 · FY2025
- Total Private Markets (Illiquid Alternatives) — Realizations (Return of Capital)-30,178 · FY2025
- Total Private Markets (Illiquid Alternatives) — Market Change (Appreciation / Depreciation)-5,161 · FY2025
- Total Private Markets (Illiquid Alternatives) — FX Impact5,138 · FY2025
- Total Private Markets (Illiquid Alternatives) — Acquisitions & Dispositions Impact101,017 · FY2025
- Total Private Markets (Illiquid Alternatives) — Non-Fee-Paying Committed Capital (Dry Powder)91,033 · FY2025
- Private Markets — Infrastructure (Incl. GIP from 4Q24) — Ending AUM112,116 · FY2025
- Private Markets — Private Credit (Incl. HPS from 3Q25) — Ending AUM145,385 · FY2025
- Private Markets — Private Equity — Ending AUM30,623 · FY2025
- Private Markets — Real Estate — Ending AUM25,062 · FY2025
- Private Markets — Multi-Alternatives — Ending AUM9,438 · FY2025
Cite this data
StockData. (2026). BlackRock Total Private Markets (Illiquid Alternatives) ($M), annual FY2016–FY2025 [Data set]. Compiled from BlackRock SEC filings and investor materials. https://stockdatahq.com/stocks/blk/kpis/g4-pm-total-end-aum
See every metric in the BlackRock KPI table. Data updated Oct 25, 2026.