hedgefunds
BlackRock US Fund Launch
Filed in archive Hedgetalk by Alex Akesson on November 15, 2007
30896907.jpg
BlackRock, the biggest listed US asset manager, on Tuesday announced the launch of more distressed securities funds to take advantage of the current credit market troubles, according to Reuters.

Chairman and Chief Executive Laurence Fink said the firm would launch hedge funds investing in distressed mortgages and distressed real estate. These funds would raise "multibillion dollars". BlackRock has already raised a "very large" leveraged-loan fund and is now in the process of investing the money.

Just last week, BlackRock again earned first place in DALBAR's 2007 Trends & Best Practices in the "Leading Mutual Fund Statements" category. DALBAR issues this award annually.



Related Entries:

Permalink: BlackRock US Fund Launch
Tags: hedge+fund  hedge  fund  2007  funds  hedge+funds  fund+launch 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/102187
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for BlackRock US Fund Launch:

  • Currently 9.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 9.00 out of 3 vote(s) cast.
 
Subscribe
Share It
Popular posts from our other blogs:
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!