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BlackRock Event Driven Equity Instl BILPX Fund Analysis

Morningstar Medalist Rating
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Morningstar’s Analysis BILPX

Will BILPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BILPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BILPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BILPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

BlackRock Event Driven Sleeve Manager Departs; Ratings Unchanged

null Adam Millson

Adam Millson

Analyst Note

BlackRock Event Driven's Chris Murphy, who oversaw the strategy's credit sleeve, departed BlackRock on April 1, 2024. Murphy joined the firm in 2014 and began supporting this strategy as a sleeve manager in May 2015, the same time as its two other sleeve managers and the fund’s lead and only named manager, Mark McKenna. Ben Brill and Nathan Gordon, experienced managers overseeing the hard and soft catalyst sleeves, respectively, will take over guiding the credit research process in Murphy's place. A seven-person research team provides support across the spectrum of corporate events.

by Adam Millson
Published on

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