BlackRock has ceased the search for investors for Ukraine
One of the world's largest investment companies, BlackRock, headquartered in New York, has suspended its search for investors to support Ukraine's recovery. According to sources, this was reported on Saturday, July 5, by Bloomberg. According to the publication, the company ceased its search for investors to support the Ukraine recovery fund in early 2025, after Donald Trump's victory in the US presidential elections.
Sources say this happened due to a lack of interest amid growing uncertainty about Ukraine's future.
As Bloomberg reports, BlackRock planned to announce the launch of the Ukraine recovery fund at a special conference in Rome on July 10-11. The event was to be attended by Ukrainian President Volodymyr Zelenskyy and Italian Prime Minister Meloni.
Initial support for the fund was reportedly ready to be provided by structures associated with the governments of Germany, Italy, and Poland. The funds were intended to be directed towards restoring key infrastructure in Ukraine and developing the economy.
However, in January, BlackRock decided to suspend negotiations with investors.