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BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland. The announcement comes as BlackRock continues to develop local knowledge and talent as it expands in Scotland.
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Ownership of Edinburgh Airport is set to change hands as part of BlackRock's deal to acquire Global Infrastructure Partners (GIP) in a significant cash-and-stock transaction valued at over £9.43 billion. The deal, unveiled on Friday, comprises £2.36bn in cash and some 12 million BlackRoc
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Exscientia, a University of Dundee spin-out, has completed a $225 million Series D funding round. SoftBank Vision Fund 2i led the Series D and was joined by previous round lead investors, Novo Holdings and funds managed by Blackrock.
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The world's largest money manager Blackrock has told its staff they must disclose any sexual, romantic or other personal relationships they have with individuals both inside and outside the company if these people have dealings with the firm.
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The Rothschild family's RIT fund is likely to face rival challenges in its merger bid with the Dundee-based Alliance Trust, city analysts have predicted. Stephen Peters, investment trust expert at wealth manager Charles Stanley, told the Financial Times: "We should expect more proposals. Two billion
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