Key Takeaways
- • Rick Rieder is BlackRock's Chief Investment Officer of Global Fixed Income, overseeing roughly $2.4 trillion in assets, per the firm's biography of him.
- • Rieder also heads the Fundamental Fixed Income business and the Global Allocation Investment Team, and sits on BlackRock's Global Executive Committee and its Investment Sub-Committee.
- • He chairs the firm-wide BlackRock Investment Council.
- • Rieder previously spent nearly two decades at Lehman Brothers (1987 to 2008), where he led the Global Principal Strategies team and the firm's global credit businesses, and joined BlackRock in 2009 after leading R3 Capital Partners.
Summary
Rick Rieder, a Senior Managing Director at BlackRock, serves as Chief Investment Officer of Global Fixed Income and Head of the Fundamental Fixed Income business, according to his firm biography. He also leads the Global Allocation Investment Team. In these roles he is responsible for roughly $2.4 trillion in assets, and he is a member of BlackRock's Global Executive Committee (GEC) and its GEC Investment Sub-Committee. He chairs the firm-wide BlackRock Investment Council.
Rieder's external roles include service on the Alphabet/Google Investment Advisory Committee and the UBS Research Advisory Board. He has served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury, and as a member of the Federal Reserve's Investment Advisory Committee on Financial Markets. Industry recognition includes a 2015 Global Unconstrained Fixed Income Manager of the Year award from Institutional Investor, a 2014 Institutional Investor nomination, a 2021 Morningstar nomination for Outstanding Portfolio Manager, and induction into the Fixed Income Analysts Society Fixed Income Hall of Fame in 2013.
Before joining BlackRock in 2009, Rieder was President and Chief Executive Officer of R3 Capital Partners. From 1987 to 2008 he was at Lehman Brothers, where he headed the Global Principal Strategies team, a global proprietary investment platform, and served as global head of the firm's credit businesses. He also chaired the Corporate Bond and Loan Capital Commitment Committee. Earlier, he was a credit analyst at SunTrust Banks in Atlanta.
Rieder holds a BBA in Finance from Emory University (1983) and an MBA from The Wharton School (1987). He serves on the Emory University board, Goizueta Business School's board, and the university's Finance Committee, where he is Vice Chairman of the Investment Committee. He founded the Goizueta BBA investment fund and the Graduation Generation financial literacy program, and he chairs the Board of Education for North Star Academy's charter schools in Newark, NJ. His other board roles include the BlackRock Foundation, the Hospital for Special Surgery advisory board, and Big Brothers/Big Sisters of Newark and Essex County.
Rieder's external roles include service on the Alphabet/Google Investment Advisory Committee and the UBS Research Advisory Board. He has served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury, and as a member of the Federal Reserve's Investment Advisory Committee on Financial Markets. Industry recognition includes a 2015 Global Unconstrained Fixed Income Manager of the Year award from Institutional Investor, a 2014 Institutional Investor nomination, a 2021 Morningstar nomination for Outstanding Portfolio Manager, and induction into the Fixed Income Analysts Society Fixed Income Hall of Fame in 2013.
Before joining BlackRock in 2009, Rieder was President and Chief Executive Officer of R3 Capital Partners. From 1987 to 2008 he was at Lehman Brothers, where he headed the Global Principal Strategies team, a global proprietary investment platform, and served as global head of the firm's credit businesses. He also chaired the Corporate Bond and Loan Capital Commitment Committee. Earlier, he was a credit analyst at SunTrust Banks in Atlanta.
Rieder holds a BBA in Finance from Emory University (1983) and an MBA from The Wharton School (1987). He serves on the Emory University board, Goizueta Business School's board, and the university's Finance Committee, where he is Vice Chairman of the Investment Committee. He founded the Goizueta BBA investment fund and the Graduation Generation financial literacy program, and he chairs the Board of Education for North Star Academy's charter schools in Newark, NJ. His other board roles include the BlackRock Foundation, the Hospital for Special Surgery advisory board, and Big Brothers/Big Sisters of Newark and Essex County.
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