$14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets

BlackRock, the world’s largest asset manager, is borrowing a page from the private equity industry’s playbook, announcing this month that it will offer a slice of the profits from the firm’s private markets funds to a select group of senior executives.  The move could see execs eventually earn millions in payouts for BlackRock’s top-paid private […]

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