+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

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

Sep 21, 2023, 19:40 IST
Business Insider
Ken Griffin speaking to the audience on Saturday night.Citadel
  • 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.
Advertisement

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.

Advertisement

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.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article