BlackRock Hires Two For Credit Hedge Fund

Mar 20 2014 | 10:26am ET

BlackRock is boosting its new credit hedge fund team with talent from one of the world's most prominent bond investors.

Former Pacific Investment Management Co. vice president Shantanu Agrawal was named a special situations analyst at BlackRock, the world's largest money manager. Agrawal will work on BlackRock's credit alpha fund, which it launched in October under Dave Trucano.

Agrawal joined BlackRock earlier this year, Financial News reports. BlackRock has also hired Morgan Stanley alumnus Sunil Aggarwal to serve as a special situations analyst on the fund.

BlackRock hopes to raise as much as $3 billion for the new vehicle.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...