BlackRock drops Ukraine fund - Bloomberg --Investors have reportedly lost interest in the massive reconstruction endowment that last year was targeting raising $15 billion | 5 July 2025 | U.S. investment holding BlackRock stopped its search for investors to back a multi-billion dollar fund for rebuilding Ukraine earlier this year, Bloomberg has reported. Interest reportedly dropped after President Donald Trump retook the White House. The fund was set to be unveiled at the Ukraine Recovery Conference in Rome next week. It had been close to securing backing from firms supported by the governments of Germany, Italy, and Poland, the outlet wrote on Saturday, citing anonymous sources. Nevertheless, BlackRock reportedly decided to shelve the talks early this year "due to a lack of interest amid increased uncertainty over Ukraine's future," after the U.S. changed its stance towards Kiev under the current administration.