An agreement with BlackRock Financial Market Advisory on providing support services to the Ukraine Development Fund achieved on the highest state level

An agreement with BlackRock Financial Market Advisory on providing support services to the Ukraine Development Fund achieved on the highest state level.

On the 5th of May, 2023 President of Ukraine Volodymyr Zelenskyy held a meeting with the management of BlackRock, the largest asset management company in the world. According to President`s Press Service, the parties discussed the details of the creation of an investment fund to restore the economy of Ukraine with the involvement of public and private capital.

According to him, for the transparency and success of the project implementation, Ukraine attracts the best financial and consulting organizations in the world — BlackRock, J.P. Morgan, McKinsey & Company, and others.

“We want global partners to come who can provide us with large investments,” Zelenskyy said.

At the meeting, Ukraine’s Ministry of Economy signed an agreement with BlackRock Financial Market Advisory on providing support services to the Ukraine Development Fund.

Charles H., who oversees BlackRock FMA in his capacity as Global Head of the Financial and Strategic Investors Group (FSIG), said: “the investment challenge facing Ukraine in the coming years will be enormous, and it will only be through the close cooperation of public and private capital that we will be able to address the scale of funding needed.”

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