BlackRock’s secret hedge fund star gets paid more than its CEO

Alister Hibbert has enriched the firm, its clients and himself with a near 370 per cent gain over the past decade, but many staff don’t even know who he is.

Alister Hibbert’s fund single-handedly earned almost half of BlackRock’s record performance fees last year, according to Bloomberg calculations. Bloomberg

Nishant Kumar

Oct 29, 2021 – 7.23am

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London | Meet Alister Hibbert, one of BlackRock’s best kept secrets.

He’s the money manager whose hedge fund has enriched the firm, its clients and himself with a near 370 per cent gain over the past decade. Hibbert’s name is rarely mentioned within the walls of the world’s largest asset management firm, and many employees don’t even know who he is. That’s even after his fund single-handedly earned almost half of BlackRock’s record performance fees last year, according to Bloomberg calculations.

Bloomberg Wealth