NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today 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. The US & Canada Institutional business represents $1.1 trillion of assets under management and is responsible for all client service and sales activities within the region. Clients include tax-exempt, official institutions, taxable and cash investors. Based in New York City, Mr. Conway will report to Robert Fairbairn, Senior Managing Director and Head of BlackRock’s Global Client Group. Mr. Conway will also join the firm’s Global Client Group Executive and Global Operating Committees.
“Edwin’s depth of experience and broad knowledge of the institutional marketplace will further strengthen our ability to provide clients with best-in-class alpha and beta investment solutions,” said Mr. Fairbairn. “We’re delighted to add talent of Edwin’s caliber and look forward to the many contributions he will make to BlackRock and our clients.”
Most recently, Mr. Conway served as a Senior Managing Director in Investor Relations and Business Development (IRBD) for Blackstone. In this role, he was responsible for managing all aspects of IRBD globally for Blackstone’s investment products, including private equity, real estate, credit, hedge funds and fund of hedge funds. Mr. Conway and his team represented the firm’s investment capabilities to existing investors, prospects, institutional consultants, private banks and the retail/HNW marketplace.
Prior to this, Mr. Conway was Managing Director and Head of Investor Relations and Business Development for Blackstone Alternate Asset Management (BAAM), Blackstone’s fund of hedge funds group, which is now the world’s largest institutional manager of its kind. In this capacity, Edwin managed all aspects of BAAM's IRBD activities for the institutional and retail/HNW marketplaces and oversaw all marketing, client retention, cross-selling and distribution efforts.
About BlackRock
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At December 31, 2010, BlackRock’s AUM was $3.561 trillion. BlackRock offers products that span the risk spectrum to meet clients’ needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares® (exchange traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City, as of December 31, 2010, the firm has approximately 9,100 employees in 25 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at www.blackrock.com.