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Meet BlackRock's Alternative-Investments Execs Driving Growth in 2023

As BlackRock cuts fees across the traditional funds at the heart of its business, the firm is prioritizing high-fee, so-called alternative assets.

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Sidra Capital closes APAC Private Equity co-investment strategy

Sidra Capital, a Saudi based alternative asset manager, has partnered with BlackRock Alternatives to announce the first close of the Sidra-BlackRock Asia-Pacific Private Equity Strategy.

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Saudi's Sidra Capital, BlackRock hold first close of APAC PE strategy

The strategy will invest in Shariah-compliant PE opportunities in the Asia-Pacific.

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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.

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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.

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