BlackRock launches first U.S. equity hedge fund

By Lawrence Delevingne

Thu Apr 12, 2012



Chief equity strategist Robert Doll will co-manage the new large-cap offering.


 
  Bob Doll (Source: Bloomberg)

BlackRock, the world’s largest asset manager, is now running a U.S. equity hedge fund.

The BlackRock Large Cap Series Hedge Fund launched January 1 and managed $5 million as of January 31, according to a short profile written by Citigroup’s capital introductions group. A more recent figure was unavailable and a spokesperson for BlackRock declined to comment.

ISSN: 2151-1845 / CDC10004H

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