BlackRock forms capital markets business: memo

BlackRock has formed a capital markets business, according to a memo issued to employees.

BlackRock has formed a capital markets business, according to a memo issued to employees. BlackRock Capital Markets was formed by merging the firm’s Global Capital Markets and BlackRock Private Capital Markets. Brent Patry will lead BCM globally. Others on the BCM leadership team include Ed Cook, who will serve as global head of liquid capital markets and corporate Solutions and Tim Vincent, who was named global head of alternatives financing.