BlackRock Hires Mark Wiseman as a Senior Investment Leader
May 19 2016 - 8:30AM
Business Wire
BlackRock, Inc. (NYSE:BLK) has named Mark Wiseman as incoming
Senior Managing Director and a member of the Global Executive
Committee (GEC). Wiseman will become Head of BlackRock’s Global
Active Equity business and will become Chairman of the BlackRock
Global Investment Committee, the investment sub-committee of the
GEC. He will also help support BlackRock Alternative Investors.
Wiseman will report to Robert S. Kapito, President of BlackRock,
and will join the firm in early September.
Wiseman currently serves as President & Chief Executive
Officer of CPP Investment Board, which manages approximately C$280
billion on behalf of the Canada Pension Plan and its 19 million
contributors and beneficiaries.
He will become Chairman of the Global Investment Committee, the
GEC sub-committee that provides governance and oversight of
investment performance; drives collaboration, including leveraging
technology, across investment platforms; builds alignment on
business growth and development plans; and facilitates product
development and evolution.
As Head of Global Active Equity, Wiseman will oversee more than
350 portfolio management and business professionals across the
Americas, EMEA, and Asia Pacific regions, responsible for investing
over $275 billion in equity-based investment strategies. Global
Active Equity includes Fundamental Active Equity ($205 billion) and
Scientific Active Equity ($70 billion).
He also will become Chairman of BlackRock Alternative Investors
(BAI), to support and partner with BAI Co-Heads Mark McCombe and
Matt Botein. McCombe and Botein will continue to lead BAI and run
the business day-to-day, reporting to BlackRock President Robert
Kapito. BlackRock’s alternatives platform spans hedge funds,
private equity, real assets, private credit, commodities, and
alternative solutions. Wiseman will work closely with McCombe and
Botein in developing investment strategies, deepening the firm’s
client relationships and sourcing investment opportunities for BAI.
In addition to leading BAI, McCombe continues to serve as Senior
Managing Director and Global Head of BlackRock’s Institutional
Client Business.
Laurence D. Fink, Chairman and Chief Executive Officer said, “We
are thrilled to be bringing an executive of Mark’s stature into
BlackRock. He is not only a best-in-class investor but also a great
leader of investors. He has deep experience in both public and
private capital markets globally – having worked with and driven
strong investment results for some of the biggest and most
sophisticated pools of investment capital in the world. We are
excited about the contributions that Mark can make across our
entire investment platform.”
Robert Kapito, President, added, “Having undertaken a multi-year
effort to rebuild BlackRock’s active equity capabilities, we are
pleased with our progress and believe Mark can help us continue to
drive meaningful results for clients. As we further enhance
investment performance and link our fundamental and scientific
active equity investment strategies, Mark is perfectly suited to
lead this effort. He will also be able to make substantial
contributions to our alternatives platform and across the firm. I
look forward to partnering with him and the rest of our investment
leadership in delivering compelling investment solutions to our
clients that draw on the full depth and breadth of BlackRock’s
capabilities.”
Biographical Information
Mr. Wiseman assumed the role of President & CEO of CPP
Investment Board in 2012 and has been responsible for leading all
investment and non-investment activities. He first joined CPPIB in
2005 as the organization’s Senior Vice-President, Private
Investments. He was later named Executive Vice-President,
Investments, responsible for managing all of the investment
activities of CPPIB – Public Market Investments, Private
Investments and Real Estate Investments.
Prior to joining CPPIB, Mr. Wiseman was responsible for the
private equity fund and co-investment program at the Ontario
Teachers’ Pension Plan. Previously, he was an officer with
Harrowston Inc., a publicly traded Canadian merchant bank and a
lawyer with Sullivan & Cromwell, practicing in New York and
Paris. He also served as a law clerk to Madam Justice Beverley
McLachlin at the Supreme Court of Canada.
Born in Niagara Falls, Ontario, Mr. Wiseman holds a BA from
Queen’s University and a law degree and MBA from the University of
Toronto. He was also a Fulbright Scholar at Yale University, where
he obtained a masters degree in law and is a certified member of
the Canadian Institute of Corporate Directors.
Mr. Wiseman serves on the Board of several non-profit
organizations, including the Sinai Health System and the Canadian
Coalition for Good Governance. He was the 2015 Campaign Chair for
the United Way of Toronto and York Region and was recently
appointed to the Canadian Finance Minister’s Economic Growth
Council.
About BlackRock
BlackRock is a global leader in investment management, risk
management and advisory services for institutional and retail
clients. At March 31, 2016, BlackRock’s AUM was $4.737 trillion.
BlackRock helps clients around the world 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®. As of
March 31, 2016, the firm had approximately 13,000 employees in more
than 30 countries and a major presence in 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
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BlackRock, Inc.Media RelationsBrian Beades,
212-810-5596orInvestor RelationsTom Wojcik, 212-810-8127
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