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(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink pledged to open up private markets to millions of everyday investors, not just the wealthy few, contending individuals should share more of the gains from economic growth. Most Read from Bloomberg “Today, many countries have twin, inverted economies: one where wealth builds on wealth; another where hardship builds on hardship,” Fink said Monday in his annual letter to investors. “The divide has reshaped our politics, our policies, even our sense of what’s possible. Protectionism has returned with force.” The world’s largest...

The titanic alternative assets giant's latest move will help bridge a gap between lenders and still-challenged property owners, says debt strategies head. Global alternatives giant Blackstone is reasserting its dominance in the private market space with a record fundraising in commercial real estate debt. Blackstone has finalized an $8 billion commercial real estate debt fund, marking the largest of its kind and signaling renewed investor interest in the property market, according to the Wall Street Journal. The fund, which took about two years to raise, will be active across North...