Oct 29, 2021
Alister Hibbert runs the $9bn BlackRock Strategic Equity hedge fund. According to Bloomberg he earns more than the firm's CEO.
By Nicole Piper
Twitter Facebook Linkedin WhatsApp >print comments
A BlackRock hedge fund manager, whose strategy is up 370% over the last decade, earned more than the firm’s CEO Larry Fink last year, according to a report from Bloomberg.
Bloomberg, citing its own data, reported thatAlister Hibbert’s$9bn BlackRock Strategic Equity hedge fund was responsible forearning almost half of BlackRock’s record performance fees in 2020.
The publication also cited individuals familiar with the matter who said Hibbert is the company’s highest-paid employee, earning even more than chief executive Larry Fink.
To continue reading, register for a free Citywire account
By clicking Register you agree to our .
Our privacy policy is available to read at any time here.
To read this article please sign in
Don't have an account?
Twitter Facebook Linkedin WhatsApp >print comments
Related portfolio managers
Andrew Wheatley-Hubbard
Michael Constantis 
35/115 in Equity US - Global Large-Stock Growth (Performance over 2 years)
Average total return:
33.4%
Alister Hibbert
35/115 in Equity US - Global Large-Stock Growth (Performance over 2 years)
Average total return:
33.4%
Molly Greenen
127/201 in Equity US - Foreign Large Blend (Performance over 2 years)
Average total return:
24.55%
Related Funds
BlackRock Long-Horizon Equity Fund
Related News
T. Rowe, Vanguard funds downgraded over PM exits
Show and add comments
Loading...
Leave a comment
Please sign in or register to comment. It is free to register and only takes a minute or two.
Sign in Register
Fund Flows Sep 12, 2024 Story By Tania Mitra
WAM's flagship fund lost $1.8bn in August, $1.5bn of which came after the announcement of the investigations into one of the firm's co-CIOs.
Advisor moves Sep 12, 2024
fund files Sep 12, 2024
Hiring Sep 12, 2024
Gatekeeper Views Sep 12, 2024
More Top Stories
JAMES KING, PRO BUYER
Editor’s Picks
Fund Flows
subadvisor change
gatekeeper intel
Manager Moves
company news
Alternatives
People Move
Get the latest news in your inbox
By clicking Sign up you agree to our .
Our privacy policy is available to read at any time here.
Opinion & Analysis
Interval funds Story By Kim Flynn
While private credit continues to dominate the interval and tender offer market, emerging trends include infrastructure, AI, and secondaries.
Economics
Opinion
private markets
Fund analysis
CEO views
Opinion
Read more
Connect
THE LOWEDOWN Story By Ashley Lowe McConnell
Welcome to the Lowedown with me, Ashley Lowe McConnell, head of audience development for Professional Buyer. I'm bringing you a quick-fire Q&A with one of the many gatekeepers I've been meeting with across the country. Enjoy!
THE LOWEDOWN
Citywire Los Angeles
THE LOWEDOWN
THE LOWEDOWN
THE LOWEDOWN
Reader Survey
Read more
ETFS
fund files Story By William Johnson, Eva Thomas
Your daily roundup of fund launches, strategy shifts and manager moves.
Gatekeeper Views
ETF Files
Fund Flows
ETF Launch
Read more
Private Assets
Hiring Story By Eva Thomas
The analyst will work on private markets across all classes and focus on private equity.
Private market
Gatekeeper Views
subadvisor change
Interval funds
ETF Launch
Alternatives
Read more
Most Popular
Layoffs Story By Andrew Foerch
The global bank has initiated its annual performance review process.
Gatekeeper Moves
Gatekeeper Moves
subadvisor change
Fund Flows
Gatekeeper Views
subadvisor change
Read more
Publications
Due Diligence Report 2024
This special report examines the case for investing in sustainable strategies.Discover all publications
