BlackRock Snaps Up Helix Financial

Law360, New York (January 19, 2010, 3:03 PM EST) -- Asset management firm BlackRock Inc. announced Tuesday that it had acquired Helix Financial Group LLC, an adviser to commercial real estate lenders.

The terms of the deal, which closed Jan.15, were not disclosed. Helix Financial will be fully integrated into BlackRock Solutions, a BlackRock unit focused on managing capital markets risks and exposures.

“We look forward to integrating Helix’s professionals into our modeling, advisory, valuation and loan workout practice in order to provide enhanced and superior service to our clients holding complex commercial real estate exposures,”...
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