BlackRock names new institutional head

BlackRock has named Edwin Conway as head of its U.S. and Canadian institutional businesses, which oversee $1.1 trillion in assets. Prior to joining BlackRock, Conway was senior managing director in investor relations and business development at Blackstone.

Conway will report to Robert Fairbairn, senior managing director and head of BlackRock’s global client group. He replaces Robert Capaldi, who was named senior client strategist for BlackRock chairman and CEO Laurence Fink.