Jesse Licht, CFA, Managing Director, is a member of the Hedge Fund Solutions (“HFS”) team within Multi-Alternatives (“Multi-Alts”) at BlackRock. The HFS team has been building and managing portfolios of hedge funds since 1995 and is one of the world’s largest allocators to hedge funds. The HFS team invests across the spectrum of hedge fund strategies to deliver strong risk-adjusted returns with low correlation to traditional portfolio investments. Mr. Licht is responsible for sourcing, evaluating, and monitoring hedge fund managers and hedge fund-sponsored co-investments. He is also the Global Head of Credit Strategies and a member of the HFS Co-Investment Portfolio Management Group.
The Multi-Alts team, within BlackRock’s Multi-Asset Strategies & Solutions (“MASS”), designs and manages portfolios across a wide range of liquid and illiquid alternative investments, leveraging BlackRock’s investment capabilities and technology to deliver best in class solutions for clients. The MASS team is the investment group at the heart of BlackRock’s portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock’s index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and cutting-edge alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels.
Mr. Licht’s service with the firm dates back to 2006, including his years at Quellos Group, LLC, from which the alternative investment management business was acquired by BlackRock in 2007. At Quellos, Mr. Licht was an Associate responsible for product strategy, marketing, and client service.
In addition, Mr. Licht serves on the Investment Committee of the Yakima Valley Community Foundation whose mission is to connect people, resources, and ideas to help the community thrive.
He earned a BA degree with a concentration in economics from Pomona College in 2006.
