Wall Street Journalのインスタグラム(wsj) - 1月15日 00時13分

One of BlackRock’s most well-known co-founders, Barbara Novick, is taking a stab at retirement for the second time. ⁠⠀
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Novick led the firm’s public-policy efforts, building a lobbying machine that allowed BlackRock to avoid the same regulations as banks and fueling its rise into the world’s largest money manager with $7.8 trillion under management. She tried to leave last year but stayed on as the coronavirus pandemic unnerved markets. She says this time it’s for real.⁠⠀
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On Wednesday, BlackRock told employees that Novick, 60, would transition from her role as vice chairman to become a senior adviser on Feb. 1.⁠⠀
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Roughly a year ago, she told colleagues she would leave the firm by summer. But her success in getting BlackRock heard by regulators made her too big to bail when the pandemic shook markets. Chief Executive Larry Fink asked Novick to stay on for a few more months.⁠⠀
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In that time, the Federal Reserve took aggressive measures—including hiring BlackRock last March to buy bonds and funds—to stave off collapse in key financial markets.⁠⠀
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Read more at the link in our bio.⁠⠀
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📷: @victor.llorente for @wsjphotos

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