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Deals & People October 6, 2010
BlackRock Adds CIO for U.S. Fundamental Equity
BlackRock, Inc. announced that Chris Leavy will join the company as
Chief Investment Officer of U.S. Fundamental Equity - a newly created
position.
Reported by Rebecca Moore
In his new role, Leavy will be responsible for overseeing BlackRock’s $150 billion U.S.-based fundamental equity business. He will report to Quintin Price, Head of and Global Chief Investment Officer for Fundamental Equity, and will partner with BlackRock’s investment professionals and other areas of the firm to help deliver strong investment performance to clients.
According to the announcement, Leavy most recently served as Chief Investment Officer of Equities at OppenheimerFunds, directing investment personnel and business strategy for the firm’s $80 billion equity business. He also served as Head of the Value Equity Group from 2000 to 2006, and before that, managed the Value Equity Group’s flagship Value Fund.
Prior to joining OppenheimerFunds, Leavy led a four-person investment team at Morgan Stanley Asset Management with large cap core equity portfolios totaling $6 billion.
He holds a B.A. in Economics from Trinity University, San Antonio, and an MBA from Columbia Business School.