Just now, BlackRock bought again! This time it’s a private real estate investment firm! | IIR

According to a comprehensive summary by IIR, ElmTree was founded in 2011 (its predecessor, Equity Capital Management, was established in 2003) and is a commercial net-lease real estate investment firm primarily focused on the industrial sector. As of the end of Q1 2025, ElmTree managed total assets of $7.3 billion and held investments in 122 properties across 31 U.S. states. In its announcement, BlackRock did not disclose the specific purchase price for ElmTree. However, it stated that the initial consideration will be paid primarily in stock, with potential additional payments contingent upon ElmTree’s performance over the next five years. The transaction is expected to close in Q3 2025. Upon completion, ElmTree will be integrated into BlackRock’s newly formed platform, Private Financing Solutions (PFS), created through BlackRock’s merger with HPS. PFS will be a comprehensive private credit series managing $190 billion in client assets, as well as a platform offering both public and private income solutions to clients. Following the integration of ElmTree, BlackRock’s new PFS platform will be able to expand its product offerings into the real estate sector and broaden its reach into new markets as an owner-operator. In December last year, BlackRock announced a 100% acquisition of HPS—whose assets under management (AUM) totaled approximately $148 billion—for roughly $12 billion in an all-stock transaction. This followed BlackRock’s $12.5 billion acquisition in early 2023 of GIP, an infrastructure investment firm with over $100 billion in AUM (completed in Q4 2023), and its July 2023 announcement of an all-cash acquisition of Preqin—the private markets data provider—for £2.55 billion (then equivalent to ~$3.2 billion; the deal remains pending). These acquisitions, totaling nearly $28 billion, propelled BlackRock’s net asset inflows for the full year 2023 to a record $641 billion—a single-year net inflow figure far exceeding the total AUM accumulated by many leading alternative asset managers over decades. In his January 2024 release of BlackRock’s full-year 2023 financial results, Chairman and CEO Laurence D. Fink described 2023 as a milestone year for strategic acquisitions centered on client service, technology, and scale—and emphasized that the acquisitions of GIP, HPS, and Preqin will significantly broaden and strengthen BlackRock’s investment capabilities and data infrastructure in the private markets.

Which stocks are related to electronic specialty gases?

Japan Oxygen Holdings | Air Products & Chemicals | Air Liquide | Linde As core materials for semiconductor etching, deposition, cleaning, and ion implantation, electronic specialty gases are dominated at the high-end global market by these four major overseas companies. Domestically, China has achieved global leadership in production capacity for certain major gas varieties, and certification for advanced process nodes continues to progress steadily.

Montrusco Bolton Investments Inc. Acquires 244,948 Shares of Linde PLC

1 day ago

Montrusco Bolton Investments Inc. purchased 244,948 shares of Linde PLC valued at approximately $116.3 million, making it their 20th largest holding. Analysts maintain a Buy rating with an average price target of $547.29 following strong quarterly earnings.

MarketBeat

2026-07-22

ABN Amro Investment Solutions Invests $96.73 Million in Linde PLC $LIN

2026-08-08

Assenagon Asset Management Grows Stock Position in Linde PLC

2026-10-09

Avidian Wealth Enterprises LLC Acquires 3,441 Shares of Linde PLC

2026-10-13

Montrusco Bolton Investments Inc. Acquires 244,948 Shares of Linde PLC

2026-10-15

Linde PLC Shares Newly Acquired by Triangle Securities Wealth Management

Montrusco Bolton Investments Inc. Acquires 244,948 Shares of Linde PLC

FAQ