New Great Gray Target Date Retirement Solution Opens Access to Private Markets

BlackRock has been selected by Great Gray® Trust Company, LLC (“Great Gray”) 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 have also 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.

As part of the solution, Wilshire Advisors LLC, a leading provider of investment and advisory services, will oversee implementation of the strategy, including liquidity management.

“For too long, access to private markets has been limited to institutions, leaving many retirement savers behind as capital markets have evolved. Great Gray’s mission is to drive innovation in the U.S. retirement market, and for us to be true to that mission, we needed to create something that allows Americans to capitalize on private markets growth,”

– Rob Barnett, CEO of Great Gray Trust Company

To learn more, read the full press release and download our product brochure.