BlackRock awarded new $200M high yield mandate
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Description
NYSTRS will engage BlackRock Financial Management, Inc. to manage a US broad market high yield bond portfolio benchmarked to the ICE BofA US High Yield Constrained Index, with up to $200 million in initial funding. The award is contingent on satisfactory completion of due diligence.
Contract Details
Contract Amount
Up to $200 million initial funding
Vendor
BLACKROCK FINANCIAL MANAGEMENT INC
Agency
New York State Common Retirement Fund, NY
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 29, 2026
More from BLACKROCK FINANCIAL MANAGEMENT INC
More from New York State Common Retirement Fund
New York State Teachers' Retirement System Risk Committee Minutes 2026-04-29
New York State Teachers' Retirement System Risk Committee Minutes 2026-04-29
NYSTRS Risk Committee Meeting Agenda April 2026
NYSTRS Risk Committee Meeting Agenda April 2026
NYSTRS Risk Committee Meeting Agenda April 2026
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