BlackRock Preps Listed Absolute Return Strategies

Mar 12 2008 | 10:19am ET

BlackRock is currently prepping a London-listed closed-end fund of hedge funds that will offer investors exposure to its $11 billion Appreciation Strategy.

The firm said yesterday it expects to launch BlackRock Absolute Return Strategies sometime during the first half of the year.

The new fund will invest in the Appreciation Strategy, which has a 12-year-plus track record and is the flagship strategy of BlackRock Alternative Advisors.

BlackRock declined to say how much it was planning to raise for the new fund.

BlackRock's assets under management currently total more than $1.3 trillion across equity, fixed income, cash management, alternative investment and real estate strategies.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events