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BlackRock To Acquire Impact Investing September 9, 2008

Posted by malibusac in Currency Topic.
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“We look forward to incorporating Impact’s functionality into Aladdin’s analytics and trading capabilities and are particularly excited about the enhanced equity analysis and portfolio visualization capabilities this will provide – further strengthening the platform’s multi-asset capabilities,” commented Robert Goldstein, Managing Director and head of Relationship Management for BlackRock Solutions. “We believe the combination will provide tremendous value to both Impact and BlackRock Solutions clients. Given that BlackRock is among Impact’s oldest clients in support of our asset management business, this was a very natural functional and organizational fit.”

“Impact recognized that we needed a partner to expand the scope of our capabilities and continue to meet the growing demands of our clients,” said Nigel Allfrey, Chief Executive Officer of Impact Investing.

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