Richard Rieder, Managing Director, is BlackRock's Chief Investment Officer of Fixed Income, Fundamental Portfolios and Head of its Corporate Credit and Multi-Sector and Mortgage Groups. Rieder is a member of BlackRock's Fixed Income Executive Committee and a member of the firmwide Leadership and Capital Committees.
Prior to assuming this current role in 2010, Rieder was BlackRock's Deputy Chief Investment Officer of Fixed Income, Fundamental Portfolios and Head of its Global Credit Business and Credit Strategies. Before joining BlackRock in 2009, he was Founder, President and Chief Executive Officer of R3 Capital Partners, a multi-strategy credit hedge fund with $1.5 billion in assets under management. He also served as Vice Chairman and member of the Borrowing Committee of the Treasury.
From 1987 to 2008, Rieder was with Lehman Brothers, most recently as Head of the firm's Global Principal Strategies team and credit businesses, including investment grade corporate debt, emerging market debt, credit hybrids, money markets and structured products. He was also a member of the Lehman Brothers Management Committee and the board of trustees for the Corporate Pension Fund. He served as Chairman of Lehman Brothers' Investment Grade Capital Commitment Committee, Co-chairman of the Board of Lehman Brothers' commercial bank, and a member of the Fixed Income Division Operation Committee.
Rieder is a member of the board of trustees of both Emory University and Emory's Goizueta Business School, as well as a member of the university's Investment and Finance Committees. He also serves as Chairman of the Board of the North Star Academy Charter Public School System in Newark, New Jersey, the National Leadership Council for the Communities in Schools Educational Foundation, the Newark Youth Foundation and the Committee for the Center for Celiac Research at the University of Maryland.
Rieder earned a B.B.A. in business from Emory University in 1983, followed by an M.B.A. from the Wharton School, University of Pennsylvania in 1987.