Charles Hallac News
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BlackRock Inc., the world’s largest asset manager, hired Credit Suisse Group AG’s Andy Stewart to co-head the unit that runs real estate, hedge fund and private equity fund-of-funds investments along with Matthew Botein, according to a memo sent to employees.
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BlackRock Inc. , the world’s biggest asset manager, named Rich Kushel as head of portfolio management and Charles Hallac as chief operating officer, reshaping its leadership team after the purchase of Barclays Global Investors.
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As chairman and chief executive officer of BlackRock Inc., Larry Fink controls more money than Germany has gross domestic product.
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BlackRock Inc., seeking to reverse withdrawals from active funds and boost assets as its acquisition spree ends, is expanding top leadership and shaking up its investment unit in the most sweeping overhaul since it became the world’s largest asset manager.
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BlackRock Inc. , the world’s biggest money manager, said fourth-quarter profit more than doubled, beating analysts’ estimates, as the stock-market rally lifted assets and fees from overseeing them.
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BlackRock Inc. said second-quarter profit rose 98 percent as the acquisition of Barclays Global Investors boosted assets and fees.
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BlackRock Inc. , the world’s biggest asset manager, was picked by the Central Bank of Ireland to value hard-to-sell debt held by the country’s banks as European regulators attempt to resolve the sovereign debt crisis.
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BlackRock Inc.’s Barbara Novick was contemplating retirement a year ago when Chief Executive Officer Laurence D. Fink asked her if she would jumpstart lobbying efforts in Washington.
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