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On March 8, 2024, Kramer Levin client BlackRock announced that it has agreed to acquire the remaining equity interest that it does not already own in SpiderRock Advisors (SRA), a leading provider of customized option overlay strategies in the U.S. wealth market. This transaction expands on BlackRock’s minority investment in SRA made in 2021.
Key contacts
Ernest S. Wechsler
Managing Partner, Corporate, US, New York
Marissa J. Holob
Partner, Head of Executive Compensation and Employee Benefits, US, New York
Robert N. Holtzman
Partner, New York
Jordan Fisher
Associate, New York
Yasho Lahiri
Partner, Head of Private Funds, US , New York
Alan R. Friedman
Counsel, New York
Nathan E. Wolfe
Associate, New York
Michelle Park
Senior Associate, New York