Business & Finance
Business and Finance
Business and Finance
Fri, April 1, 2011
Thu, March 31, 2011 BlackRock Appoints Edwin Conway Head of U.S. & Canada Institutional Business
NEW YORK--([ BUSINESS WIRE ])--BlackRock, Inc. (NYSE:BLK) today announced that Edwin Conway will join the Company as Managing Director and Head of its U.S. & Canada Institutional business within the Global Client Group. The US & Canada Institutional business represents $1.1 trillion of assets under management and is responsible for all client service and sales activities within the region. Clients include tax-exempt, official institutions, taxable and cash investors. Based in New York City, Mr. Conway will report to Robert Fairbairn, Senior Managing Director and Head of BlackRocka™s Global Client Group. Mr. Conway will also join the firma™s Global Client Group Executive and Global Operating Committees.
"Edwina™s depth of experience and broad knowledge of the institutional marketplace will further strengthen our ability to provide clients with best-in-class alpha and beta investment solutions"
aEdwina™s depth of experience and broad knowledge of the institutional marketplace will further strengthen our ability to provide clients with best-in-class alpha and beta investment solutions,a said Mr. Fairbairn. aWea™re delighted to add talent of Edwina™s caliber and look forward to the many contributions he will make to BlackRock and our clients.a
Most recently, Mr. Conway served as a Senior Managing Director in Investor Relations and Business Development (IRBD) for Blackstone. In this role, he was responsible for managing all aspects of IRBD globally for Blackstonea™s investment products, including private equity, real estate, credit, hedge funds and fund of hedge funds. Mr. Conway and his team represented the firma™s investment capabilities to existing investors, prospects, institutional consultants, private banks and the retail/HNW marketplace.
Prior to this, Mr. Conway was Managing Director and Head of Investor Relations and Business Development for Blackstone Alternate Asset Management (BAAM), Blackstonea™s fund of hedge funds group, which is now the worlda™s largest institutional manager of its kind. In this capacity, Edwin managed all aspects of BAAM's IRBD activities for the institutional and retail/HNW marketplaces and oversaw all marketing, client retention, cross-selling and distribution efforts.
About BlackRock
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At December 31, 2010, BlackRocka™s AUM was $3.561 trillion. BlackRock offers products that span the risk spectrum to meet clientsa™ needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares®(exchange traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City, as of December 31, 2010, the firm has approximately 9,100 employees in 25 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at [ www.blackrock.com ].
