BlackRock's Larry Fink said in his annual letter that 2025 is potentially a "pivotal moment" in investing, as he laid out his private markets playbook.

BlackRock CEO Larry Fink reassures investors that this moment of economic anxiety will pass, in his annual letter out Monday morning. Why it matters: Fink runs the world's biggest asset manager and is hugely influential — his widely read letter typically reflects the business trends of the current moment.

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.