Ex-BlackRock, U.S. Treasury officials raise capital for financial-services investments

private equity, Kline Hill Partners
  • Botein formerly co-led BlackRock's alternatives group
  • Sachs has history of government work
  • BlackRock took minority stake in Gallatin Point
BlackRock has seeded a new firm, launched by the former co-head of its alternatives group, that invests in financial services, according to sources and regulatory documents. Matthew Botein, BlackRock’s former chief investment officer and co-head of its alternatives group, and ...
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