BlackRock, Inc. has completed its acquisition of ElmTree Funds, enhancing its Private Financing Solutions $(PFS)$ platform. ElmTree, a leader in the commercial net-lease sector, will bolster PFS's offerings, providing clients with long-term contractual income and supporting growth plans for companies across the U.S. James Koman will continue to lead ElmTree's investment strategies under PFS. Scott Kapnick, Chairman of PFS Executive Office, expressed enthusiasm about combining ElmTree's expertise with BlackRock's capabilities to deliver diverse investment solutions.
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