Docstoc

BlackRock Liquidates Public-Private Investment Partnership at a 23.5% Internal Rate of Return to Treasury

Document Sample
BlackRock Liquidates Public-Private Investment Partnership at a 23.5% Internal Rate of Return to Treasury Powered By Docstoc
					
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:11
posted:12/5/2012
language:Japanese
pages:2
Description: NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that it has returned to investors substantially all of the proceeds, at a profit, from its BlackRock Public-Private Investment Fund (the “Fund”). These returns represent a net multiple of 1.74x on funded capital and an internal rate of return of 23.5% on Treasury’s equity investment since the Fund’s inception in October 2009 as part of the Legacy Securities Public-Private Investment Program (“PPIP”). The Fund, managed by Black a style='font-size:
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.