Fink's Focus
BlackRock secures $5 billion deal to open new firm in Saudi Arabia
The world’s biggest money manager will run an outpost backed by the Public Investment Fund with the aim of attracting cash from foreign investors
Larry Fink, Chairman and CEO of BlackRock (Getty Images)
Add The Circuit on GoogleBlackRock has secured a deal with Saudi Arabia to introduce a multi-class investment firm in the kingdom with a $5 billion anchor investment from the Public Investment Fund.
The world’s biggest money manager will open BlackRock Riyadh...