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Zelensky Meets With BlackRock Chief to Discuss Reconstruction Fund
Sept. 19, 2022
The world’s largest asset manager advised Ukraine on how to revive the country’s shattered economy by attracting public and private investment.
President Volodymyr Zelensky of Ukraine met with Laurence D. Fink, the head of BlackRock, the world’s largest manager of assets, to discuss how to attract investment in the country’s war-ravaged economy.
In a videoconference, the two discussed how BlackRock, which oversees $8.5 trillion invested all over the world, could provide “pro bono advice to the Ukrainian government on setting up a reconstruction fund in support of the recovery of the Ukrainian economy,” according to a statement released on Monday by Mr. Zelensky’s office. (The call was held Thursday.) The fund would be arranged for “both public and private investors to participate in reconstructing and rejuvenating the market economy in Ukraine,” the statement said.
https://www.nytimes.com/2022/09/19/business/zelensky-blackrock-reconstruction-fund.html