BlackRock execs lay out how last year’s $1.3 billion eFront deal is setting up Aladdin to crack into a massive alternative-investment opportunity

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BlackRock’s Aladdin is eyeing the alternative investments space as a major growth opportunity following its integration of eFront onto its risk-management platform. Acquired in May 2019, eFront is software for the management of alternative investments.  Sudhir Nair, global head of the Aladdin business, told Business Insider that asset managers are increasingly focusing on alternative investments, but struggle to analyze risks around private investments.  “We think the distinction between the two is going to increasingly erode over time in terms of the need for risk transparency and efficient operating models,” Nair added. Click here for more BI Prime stories.

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