BlackRock’s Rieder Seeks Cash for Hedge Fund After Fed Race

BlackRock Inc.’s Rick Rieder, the firm’s top bond-market executive who was passed over by President Donald Trump to be chair of the Federal Reserve, is pursuing investor cash for his...

By Silla Brush, Michael MacKenzie, Sridhar Natarajan · Bloomberg

BlackRock Inc.’s Rick Rieder, the firm’s top bond-market executive who was passed over by President Donald Trump to be chair of the Federal Reserve, is pursuing investor cash for his first hedge fund in years.