Enhances Local Infrastructure Investment Capabilities in Mexico
NEW YORK & MEXICO CITY–(BUSINESS WIRE)–BlackRock, Inc. (NYSE:BLK) has closed the acquisition of Infraestructura Institucional, an independently managed infrastructure investment firm with extensive experience investing across a broad range of infrastructure projects in Mexico and approximately $750 million of invested and committed capital.
The acquisition expands BlackRock’s capabilities in Mexico and enhances the company’s ability to offer attractive infrastructure investment opportunities to clients around the world.
BlackRock’s infrastructure platform manages approximately $7.5 billion globally and includes a team of more than 80 professionals across eight different offices. With a combination of deep country knowledge, local investment and sector expertise, global reach and a rigorous and comprehensive risk management culture, BlackRock is uniquely positioned to provide a wide range of solutions in infrastructure investing for local and international clients.
This strategic acquisition builds on BlackRock’s decade-long presence and ongoing commitment to Mexico. Through its global platform, BlackRock currently manages $23 billion in assets for Mexican clients and delivers the firm’s comprehensive range of local and international investment solutions to institutional and wealth clients.
This transaction represents another step towards establishing BlackRock’s infrastructure investment capabilities in Latin America and brings to BlackRock a proven team with extensive experience investing across a range of infrastructure project types in Mexico including transportation, energy and social infrastructure.
About BlackRock
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At June 30, 2015, BlackRock’s AUM was $4.721 trillion. BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City. As of June 30, 2015, the firm had approximately 12,400 employees in more than 30 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog:www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock
BlackRock Latin America & Iberia
BlackRock has $95 billion of AUM in Latin America and Iberia, of which $23 billion are managed for Mexican clients, with more than 150 employees across offices in Mexico, Brazil, Chile, Colombia and Spain. As a result of the acquisition, the firm’s Mexico office now includes 50 individuals who deliver the firm’s institutional and wealth clients a comprehensive range of local and international investment solutions and risk management services.
BlackRock Infrastructure
With deep industry expertise, demonstrated access to proprietary deal flow and a purely fiduciary mindset, our experienced investment professionals leverage BlackRock’s unparalleled risk management capabilities and global reach to deliver compelling investment opportunities to meet our clients’ needs. BlackRock provides investors with infrastructure equity and debt investments via Funds, Co-Investments, Managed Accounts and Multi Manager strategies and currently has approximately $7.5 billion in invested and committed assets. Our team of infrastructure investment professionals is based in New York, London, Dublin, Mexico, Paris, Seattle, Stockholm and Zurich.
MX-1465 / 10-2015
Contacts
BlackRock
US Media:
Tara McDonnell, 1-212-810-5337
[email protected]
or
Mexico Media:
Javier Gonzalez Perez, 52-555-241-4352
[email protected]
