BlackRock has ceased the search for investors for the Ukraine recovery fund: reason

According to hvylya.net: According to sources from the publication, the fund nearly received initial support from structures funded by the governments of Germany, Italy, and Poland. However, in January, BlackRock decided to suspend negotiations with institutional investors due to a lack of interest amid rising uncertainty regarding Ukraine's future.

The world's largest investment company, BlackRock, has definitively halted the search for investors for the multi-billion dollar Ukraine recovery fund at the beginning of 2025. The decision was made after Donald Trump's victory in the US presidential elections, Bloomberg reports, citing informed sources.

BlackRock's vice-chairman, Philipp Hildebrand, stated last year that the fund should attract at least 500 million dollars from governments, development banks, and other donors, as well as 2 billion dollars from private investors. This would allow for the formation of a consortium of equity and debt investors capable of financing at least 15 billion dollars for the recovery of Ukraine.

The US government became a noticeable absence among the fund's supporters as early as December, which was an important signal regarding the project's future prospects. Trump campaigned with a promise to immediately end the war in Ukraine and bring President Volodymyr Zelensky together with Russian leader Vladimir Putin for peace negotiations.

After Donald Trump's victory in the US presidential elections, the world’s largest investment company BlackRock canceled the Ukraine recovery fund, postponing potential investments in the future. The uncertainty of the political situation and the strategies of newly elected leaders may affect the economic support of the country, including regarding the recovery program.