Former BlackRock vice-chairman, Blake Grossman, is to join the board of directors of US-based portfolio optimisation solutions provider, Axioma.
From 2009 to 2010, Grossman was vice chairman of BlackRock.
He is currently chairman of the board of Financial Engines, a provider of financial planning services and professional investment management and advice.
He is also a managing partner at ThirdStream Partners LLC and at CHJ Capital Management LLC, both of which focus primarily on early-stage investments in financial services and technology.
Grossman said that Axioma was redefining the landscape with flexible, enterprise-wide risk and equity solutions that give investment firms systematic capabilities to grow and scale, but at a fraction of the cost.
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