Looking back on BlackRock’s black box


AR also revisits some quants that were killing it.

One year ago
»» BlackRock opened up its black box for a cover story on its $29 billion in U.S. single manager hedge fund assets. “Much of the world, including our own clients, is unaware that we have one of the largest alternative capabilities in the world,” said Matt Botein, head of BlackRock Alternative Investors.

The past year has seen some shrinkage, as the powerhouse now manages $25.5 billion in hedge funds, according to the latest Billion Dollar Club rankings. Its first U.S. equity hedge fund was quietly scuttled after