Global asset manager BlackRock will coordinate investment in rebuilding war-torn Ukraine’s economy, the Ukrainian government announced.
Following a meeting between President Volodymyr Zelenskyy and BlackRock CEO Larry Fink, the government confirmed on Dec. 28, 2022, that the financial firm agreed to coordinate “the efforts of all potential investors and participants in the reconstruction of our country.” As a result of the agreement, BlackRock will channel capital into multiple sectors of the Eastern European country’s economy.