BlackRock launches impact investing unit with senior hire
US asset manager BlackRock has announced the launch of its impact investing unit with the hire of Deborah Winshel as managing director and global head of impact investing.
Winshel will help BlackRock unify its approach to impact investing through the launch of BlackRock Impact, a dedicated platform catering to investors with social or environmental objectives worldwide, she will also be responsible for overseeing the groups Global Corporate Philanthropy program.
BlackRock Impact aims to work closely with the firms global investment teams, it currently manages over $225 billion in strategies designed to align clients’ portfolios with their objectives and values, which will now be integrated under BlackRock Impact.
Deborah Winshel joins BlackRock from The Robin Hod Foundation, where she most recently worked as president and COO. Prior to that, she was CFO and CAO at the Metropolitan Museum of Art as well as managing director at JP Morgan Investment Bank.
In her new position, she reports jointly to Laurence Fink, chairman and CEO of BlackRock, and Richard Kushel, senior managing director and chief product officer.