
On Wednesday 25 June 2025, Quintet Private Bank, headquartered in Luxembourg and operating across Europe and the United Kingdom, announced that it has integrated exposure to private markets in client portfolios.
Alongside allocation to equities, fixed income and commodities, relevant Quintet clients can now benefit from actively managed exposure to a diversified range of alternative assets, such as private equity, private credit and real assets, via selected evergreen private markets funds.
Quintet said that its "newly enhanced" approach to portfolio management provides access to investment opportunities previously limited to institutional investors. That includes access to future-focused structural themes such as digitalisation, demographics and deglobalisation.
This approach was developed in collaboration with global asset manager BlackRock and made possible by new evergreen strategies available under the European Long-Term Investment Funds (ELTIF 2.0) framework, which entered into application last year. Under this framework, liquidity and operational constraints have been reduced, allowing for continuous capital raising and reinvestment as well as flexibility with redemptions. Consequently, investors can benefit from access to private markets with greater simplicity and efficiency that is closer to a traditional public markets model, according to Quintet.
While these features offer additional flexibility, Quintet emphasised that private markets will always bear a liquidity risk, including the possible inability to sell investments quickly. It is thus important that investors understand how private markets fit within a diversified portfolio and align with their individual financial goals and timelines.
In addition to BlackRock funds, Quintet's private markets offering draws upon evergreen ELTIF funds from other providers, reportedly reflecting the firm's "open-architecture" approach. More broadly, Quintet said it leverages BlackRock's evergreen private markets platform, which provides investors in Europe, the Middle East and Asia-Pacific with access to multi-alternatives and private equity strategies.
While leveraging BlackRock's private markets platform, which is set to exceed €600 billion in assets under management pro forma, Quintet's approach to total portfolio management has been co-designed to meet the specific needs of the Luxembourg-headquartered private bank, supporting Quintet's "protect and grow" investment philosophy. In line with the strategic cooperation agreement signed with BlackRock in 2023, Quintet maintains full control of all its investment decision-making.
"Diversification is a cornerstone of portfolio resilience, especially during periods of heightened volatility," said Bryan Crawford, Group Head of Investment & Client Solutions and member of the Authorized Management Committee at Quintet. "We are therefore delighted to partner with BlackRock to integrate exposure to private markets in client portfolios, supporting increased diversification and creating new opportunities to access long-term growth themes."
"We're excited to introduce our expanding private markets platform to Quintet's clients, giving investors the opportunity to unlock potential returns by blending private and public markets and exposure to our institutional-quality investments," noted Fabio Osta, Head of the Alternatives Specialists Team, EMEA Wealth, at BlackRock. "By supporting the integration of private markets into wealth portfolios, we are making investing in alternatives easier and more accessible for a broader range of investors so they can benefit from the typically higher returns and diversification the asset class offers."
This announcement follows the introduction last year of a series of Quintet multi-manager UCITS funds co-designed with BlackRock. Each of those actively managed, single asset class funds (available exclusively to Quintet clients) blends a selection of third-party managers into one fund that aims to support portfolio performance and enhance diversification.
Earlier this year, Quintet introduced Future+, a sustainable investment mandate developed in partnership with BlackRock, based on Quintet's environmental, social and governance (ESG) principles and sustainable investment philosophy. With a minimum of 75% sustainable investments, Future+ aligns with Article 8 Sustainable Finance Disclosure Regulation requirements, integrating ESG factors in the investment process, according to Quintet.