BlackRock Halted Ukraine Fund Talks After Trump’s Election Win

BlackRock Inc. halted its search for investors to back a multibillion-dollar Ukraine recovery fund earlier this year after Donald Trump’s election victory saw the US sour on the eastern European country, people familiar with the discussions said.

The fund, meant to be unveiled at next week’s Ukraine Recovery Conference in Rome, was close to securing initial support from entities backed by the governments of Germany, Italy and Poland, the people said, declining to be identified discussing private information.