Deals and People March 31, 2011
BlackRock Appoints Head of U.S. and Canada Institutional Biz
March 31, 2011 (PLANSPONSOR.com) - BlackRock, Inc. 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.
Reported by Rebecca Moore
The U.S. & Canada Institutional business represents $1.1 trillion of assets under management and is responsible for all client service and sales activities within the region, according to a press release. Clients include tax-exempt, official institutions, taxable and cash investors.
Based in New York City, Conway will report to Robert Fairbairn, Senior Managing Director and Head of BlackRock’s Global Client Group. He will also join the firm’s Global Client Group Executive and Global Operating Committees.
The announcement said that most recently, Conway served as a Senior Managing Director in Investor Relations and Business Development (IRBD) for Blackstone. Prior to this, he was Managing Director and Head of Investor Relations and Business Development for Blackstone Alternate Asset Management (BAAM), Blackstone’s fund of hedge funds group.