BlackRock Hires Robin Hood’s Winshel to Run Impact Investing

BlackRock Inc., the world’s largest money manager, hired Deborah Winshel to run a new unit dedicated to impact investing, a strategy that seeks to make money while improving society.

Winshel, previously president and chief operating officer of The Robin Hood Foundation, will run BlackRock Impact, according to a statement today from the New York-based investment firm. Winshel will also oversee BlackRock’s global corporate philanthropy program and report to the firm’s Chief Executive Officer Laurence D. Fink and Richard Kushel, senior managing director and chief product officer.