scorecardBillionaire investors Ken Griffin and Bill Ackman meet with Volodymyr Zelenskyy as Ukraine looks to rebuild its economy with private-sector funds
  1. Home
  2. investment
  3. news
  4. Billionaire investors Ken Griffin and Bill Ackman meet with Volodymyr Zelenskyy as Ukraine looks to rebuild its economy with private-sector funds

Billionaire investors Ken Griffin and Bill Ackman meet with Volodymyr Zelenskyy as Ukraine looks to rebuild its economy with private-sector funds

Zahra Tayeb   

Billionaire investors Ken Griffin and Bill Ackman meet with Volodymyr Zelenskyy as Ukraine looks to rebuild its economy with private-sector funds
Investment1 min read
  • Ukraine's president met with billionaire investors Ken Griffin and Bill Ackman to discuss the future of the country's economy.
  • The meeting, hosted by JPMorgan, focused on the scope for private-sector funding to help rebuild Ukraine's economy.

Ukrainian President Volodymyr Zelenskyy met with billionaire investors Ken Griffin and Bill Ackman Wednesday to talk about using private-sector funds to rebuild his country's war-torn economy, according to Fox News.

Zelenskyy introduced the proposal at the Permanent Mission of Ukraine to the United Nations in New York, in a meeting organised by JPMorgan.

Leading figures from the financial sector including Citadel's Griffin, Pershing Square's Ackman, BlackRock's vice chairman Philipp Hildebrand, and former Google CEO Eric Schmidt were among the attendees, according to Fox.

Zelenskyy had met with BlackRock CEO Larry Fink Wednesday, the outlet reported. In earlier efforts to secure financial support for Ukraine's economy, he had met with JPMorgan bankers in February to discuss a fund seeded with up to $30 billion in private-sector money, Fox reported, citing sources it didn't identify.

Ukraine's economy has been battered by a slew of problems - including high inflation and a persistent trade deficit - following Russia's invasion of the nation.

In a first in-person address to the United Nations on Wednesday, Zelenskyy accused Russia of genocide, and called on global leaders to attend a peace summit.




Advertisement