NYC financial giants in talks to manage Ukraine’s postwar reconstruction fund – sources

NYC financial giants in talks to manage Ukraine’s postwar reconstruction fund – sources | 11 Dec 2025 | Larry Fink’s BlackRock, Marc Rowan’s Apollo Global Management, and Henry Kravis’s KKR are in talks to manage a U.S. investment fund to bankroll postwar reconstruction in Ukraine, The Post has learned. Sources familiar with the matter said Jared Kushner, President Trump’s son-in-law, was in New York City on Wednesday for exploratory discussions with the top asset managers in Manhattan’s Hudson Yards development. “Kushner is looking for a U.S.-based asset manager who will administer and officiate over the Ukraine reconstruction fund,” said one insider. BlackRock CEO Larry Fink halted his firm’s own multi-billion-dollar Ukraine Development Fund in July amid uncertainty over how President Trump would try to end the war.

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Lori Price, Editor-in-Chief, CLG News

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