BlackRock buying Mexican infrastructure investment firm

BlackRock has entered into an agreement to acquire Infraestructura Institucional, a Mexican infrastructure investment firm, for an undisclosed amount, reports Benefits Canada.

The projects Infraestructura Institucional invests in are in Mexico, and it has about US$1 billion of invested and committed capital.

Read more here.

Also read:

BlackRock launches 5 funds

Bond yields won’t rise much in 2015

Fed says it’s patient about raising rates

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.