BlackRock names new chief financial officer; Gary Shedlin to become vice chairman
Martin Small, who leads BlackRock's U.S. wealth advisory business, will become the chief financial officer next year, replacing Gary Shedlin.
Source: pionline.com
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BlackRock global head of private equity Russ Steenberg stepping back
Russ Steenberg will become chairman of BlackRock's private equity unit and hand over day-to-day operations to Lynn Baranski and Johnathan Seeg.
Source: pionline.com
BlackRock PEP strikes €509m ELTIF co-investment fund close, eyes infra next
1 BlackRock Private Equity Partners has hit a €509m final close for its latest long-term investment fund targeting global direct co-investments. The firm said BlackRock Private Equity Opportunities ELTIF is one of the largest European Long-Term Investment Funds raised to date. It said the vehicle is its first under its ELTIF platform, which aims to regularly bring new private market products to its European client base. European ELTIF regulation requires funds to observe strict limitations on its use of leverage and derivatives, as well as avoiding short selling. BlackRock PEP says it focu...
Source: altassets.net