BlackRock to release structured product for private capital investment in Ukraine in month or two

KYIV. Nov 17 (Interfax-Ukraine) – In the next month or two, the BlackRock investment company will complete its work and offer structured products – funds – to private investors to participate in the restoration of Ukraine, Deputy Head of the President’s Office of Ukraine Rostyslav Shurma has said.

"We have attracted the BlackRock team – the largest investment fund in the world … A large team has been allocated – 15 people, which confirms that the largest financial institution in the world believes in the prospects of Ukraine. Within a month, I think, within two months we will be able to come out with a good structured product," he said at the Kyiv International Economic Forum on Thursday.

Shurma explained that large corporations, especially those represented in Ukraine, can directly invest in the country, however, there are tens of thousands of investors who would like to participate in the future economic takeoff of the country, but who do not have the appropriate team and infrastructure, so BlackRock funds will be a good option for them.

The President’s Office deputy head also said that one of these future funds focused on green energy has a large anchor investor – Australian billionaire Andrew Forrest, founder of Fortescue, who had publicly committed to invest $500 million.

First Deputy Prime Minister and Economy Minister Yulia Svyrydenko added that another very large global investment company – Goldman Sachs – had shown interest in such a Ukrainian economic sector as military tech.

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