Empower, a provider of retirement and wealth management solutions, has announced that Blackstone, the world’s largest alternative asset manager, has joined its private markets investment partnership program — expanding the range of private market strategies available to millions of American retirement savers.
Empower’s initiative enables defined contribution plans to incorporate private equity, private credit, private infrastructure and private real-estate exposure via collective investment trust (CIT) structures.
With the addition of Blackstone, Empower is now adding a leading provider of private market investments to its platform. Blackstone is the world’s largest alternative asset manager, with more than $1.2 trillion in assets under management. The firm was a first mover in the individual investor space, with a track record of providing private markets solutions to individuals since 2002. Blackstone offers access to institutional-caliber investment opportun
