BlackRock Integrates Private Markets into Great Gray’s Retirement Solution

BlackRock has been selected by Great Gray Trust Company to enhance its retirement offerings with a custom glidepath that blends public and private market allocations. The solution leverages BlackRock’s proprietary strategies, including index equity, fixed income, and private equity, aiming to deliver an additional 50 basis points in performance for target date funds.

Great Gray, overseeing $210 billion in collective investment trusts, marks its first foray into private equity and credit exposures within a target date framework. BlackRock, managing $1.7 trillion in defined contribution assets, continues to pioneer institutional adoption of alternative assets. The collaboration, active since 2013, underscores a growing trend of retirement portfolios diversifying beyond traditional markets.