People Moves

BlackRock taps managing director

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Ingo Heinen joined BlackRock’s Alternative Investment Strategy Group as a managing director reporting to Rick Arney, BlackRock’s head of hedge funds and head of the group.

The team works closely with the client coverage and portfolio management teams to develop, position and promote BlackRock’s alternative investment solutions.

Heinen had managed the institutional equity derivatives and fund-linked sales for Germany and Austria at the Royal Bank of Scotland, after spending more than 10 years at Merrill Lynch and Nomura structuring and selling alternative products.

BlackRock’s Arney said that the firm continues to see increasing demand for innovative alternative investment