BlackRock to Reportedly Get $5 Billion From Saudi Sovereign Wealth Fund to Boost Presence in Region-February 2024-www.financetom.com

BlackRock to Reportedly Get $5 Billion From Saudi Sovereign Wealth Fund to Boost Presence in Region

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BlackRock to Reportedly Get $5 Billion From Saudi Sovereign Wealth Fund to Boost Presence in Region

Apr 30, 2024 11:41 AM

01:11 PM EDT, 04/30/2024 (MT Newswires) -- BlackRock ( BLK ) is set to receive as much as $5 billion from Saudi Arabia's sovereign wealth fund to build an investment team in the capital of Riyadh and to invest across the Middle East, according to multiple media reports.

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