News and Views

BlackRock Views


Regaining Financial Stability
Craig Phillips (July 2009)

Financial stability will be achieved when the private markets again function without excessive government intervention and support. Sound risk management will be key to this restoration process. This article outlines the best practices of asset holders with regards to financial risk management reform.

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Winding Down Distressed Portfolios: The Case for Third-Party Fiduciary Management
Joshua Zwick (June 2009)

This report addresses options for liquidating significantly-sized portfolios of distressed assets by examining approaches from quick liquidation to passive run off. FMA's solution, the actively managed wind-down, blends multiple strategies to deliver a potentially attractive alternative to these more traditional approaches.

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A Buyer's Market, but Many Still on the Sidelines
Zach Buchwald and Kunal Mahajan (May 2009)

Trading patterns in the securitization markets have changed dramatically during the current economic crisis. This article explores the variety of reasons why actual trade execution levels are generally lower than those implied by quantitative models.

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May 18 2009 - Thoughts on the Future of Capitalism with Larry Fink
Larry Fink, BlackRock Chairman & CEO, appeared on CNBC's "Meeting of the Minds" (May 18, 2009) to share his thoughts on the future of capitalism.

Time: 9 p.m. ET.

View Webcast




Advisory Team News


8/24/2009 - Ryan Marshall

Ryan Marshall has joined the Financial Markets Advisory group as a Managing Director and co-head of the Portfolio Management team. Mr. Marshall joins BlackRock from Kohlberg, Kravis, Roberts & Co. where he was previously a Managing Director and responsible for macro-economic analysis & strategy for the Private Equity and Fixed Income businesses. Before that role, Mr. Marshall was Global Head of Fixed Income Research at Morgan Stanley.


5/14/2009 - Krishna Prasad

Krishna Prasad has joined the EMEA Financial Markets Advisory team as a Managing Director. Prior to joining BlackRock, Mr. Prasad was a senior portfolio manager at PIMCO Europe Ltd, focusing initially on ABS portfolio management and later on starting an advisory business. Before that role, Mr. Prasad spent 11 years at Lehman Brothers, the last of which he served as a Managing Director. During his tenure, Mr. Prasad was consistently the top ranked analyst by the Institutional Investor for European asset-backed securities from 2003 to 2008.


4/14/2009 - Olivier Defaux

Olivier Defaux has joined BlackRock as a Director in the EMEA Financial Markets Advisory team. Prior to joining BlackRock, Mr. Defaux managed risk at Merrill Lynch's Alt-A and subprime origination platforms in the UK and was responsible for trading whole loans. He also oversaw the Quantitative Structuring & Analytics group and the development of risk platforms.