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Image Credit: Bloomberg Quint

BlackRock Halted Ukraine Fund Talks After Trump’s Election Win

  • BlackRock halted talks for a Ukraine recovery fund after Trump's election win due to lack of interest amid uncertainty over Ukraine's future.
  • Initial support for the fund was close from entities backed by Germany, Italy, and Poland, but institutional investors showed little interest.
  • The fund aimed to raise at least $500 million from countries and $2 billion from private investors for reconstruction in Ukraine.
  • BlackRock completed pro-bono advisory work on the fund in 2024, has no current involvement with the Ukrainian government, and discussions with clients guide decisions.

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