StockNews.AI
BLK
StockNews.AI
26 days

HarbourVest Partners Appoints Former Head of BlackRock's Aladdin Wealth, Venu Krishnamurthy, as Head of Global Private Wealth

1. HarbourVest Partners appointed Venu Krishnamurthy as Managing Director for Global Private Wealth. 2. His role will impact global sales and client service in private markets investing.

2m saved
Insight
Article

FAQ

Why Neutral?

The appointment may enhance market competitiveness, but lacks direct impact on BLK's immediate performance.

How important is it?

The leadership change could signify strategic shifts in private wealth management, a relevant aspect for BLK.

Why Short Term?

Changes in management can influence strategy quickly, but long-term effects are uncertain.

Related Companies

APAMCQSKKRBXGS
BOSTON--(BUSINESS WIRE)--HarbourVest Partners, a global private markets investment firm with more than $147 billion in assets under management as of March 31, 2025, today announced the appointment of Venu Krishnamurthy as Managing Director and Head of Global Private Wealth. Venu will report to the firm's CEO and will oversee all aspects of the wealth business including global sales, marketing, operations, and client service. As private markets investing continues to evolve from an “alternative”.

Related News