BlackRock has been selected by Great Gray Trust Company to provide a custom glidepath that strategically allocates across public and private markets for Great Gray’s first target date retirement solution featuring private equity and private credit exposures. BlackRock’s index equity, index fixed income, and private equity offerings also have been selected to underpin the solution. BlackRock believes solutions that incorporate private market allocations in a target date glidepath provide opportunities to generate value while managing risk.
Great Gray is a leading provider of trustee and administrative services to Collective Investment Trusts, managing more than $210 billion, as of March 31, 2025. BlackRock is the largest defined contribution (DC) investment-only firm, with approximately $1.7 trillion in DC assets under management, as of March 31, 2025, including the LifePath franchise, which manages more than $500 billion on behalf of clients across active, index and incom