NEW YORK (Reuters) – BlackRock Inc, the world’s largest asset manager, is reshuffling some of its top regional executives and placing new leadership at the head of its lucrative alternatives business, according to a memo on Tuesday.

Mark McCombe, who has already taken over managing people who used to report directly to Chief Executive Larry Fink and President Rob Kapito, is dropping his role as head of BlackRock’s alternative investing business line to focus exclusively on leading the Americas region, according to the memo, a copy of which was seen by Reuters.

Replacing McCombe as head of the BlackRock Alternative Inv…
Reuters: Money