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100 Women in Hedge Funds to honor Barbara G. Novick, Vice Chairman of BlackRock with Effecting Change Award at 2013 New York Gala

October 11, 2013

New York, NY - October 11, 2013 - 100 Women in Hedge Funds (“100WHF”), a leading nonprofit organization for professionals in the Alternatives industry, today announced it will honor Barbara G. Novick, Vice Chairman of BlackRock, with its 2013 Effecting Change Award at the annual 100WHF New York Gala on November 13, 2013 at Cipriani 42nd Street. The award recognizes Ms. Novick's passion mentoring women in the industry since the beginning of her career.

“100 Women in Hedge Funds is thrilled to recognize Barbara Novick, whose generosity of spirit, intellect and collegiality has been a motivating inspiration to so many women in the Alternatives industry. 100WHF’s  philanthropic theme for this year is Mentoring, and by giving Barbara this year’s Effecting Change Award, we acknowledge all that she has done to promote mentoring of women in our industry," said Mimi Drake, Chair, 100WHF Global Board of Directors and President, Permit Capital Advisors LLC.

Ms. Novick founded BlackRock in 1988, where she serves as a member of the Firm’s Global Executive and Global Operating Committees and Chair of the Government Relations Steering Committee. From the inception of BlackRock to 2008, Ms. Novick headed the Global Client Group and oversaw global business development, marketing and client service across equity, fixed income, liquidity, alternative investment and real estate products for institutional and individual investors and their intermediaries worldwide. In her current role, Ms. Novick heads the Firm’s efforts globally on Government Relations and Public Policy. Prior to her tenure at BlackRock, Ms. Novick served as the head of the Portfolio Products Team and before that she served at Morgan Stanley.

Ms. Novick has authored numerous articles on asset management and public policy issues. She is a member of CFA Institute’s Future of Finance Advisory Council and Reuters’ Editorial Advisory Board. She currently serves as a Trustee of Cornell University, UJA-Federation, and the HCM Foundation, and coaches in the Westchester Youth Soccer League. Ms. Novick previously served on the boards of Robert Toigo Foundation (2007–2010), City Harvest (2010-2012) and Westchester Day School (2000-2005), and served as both Treasurer and Trustee of Westchester Jewish Center (1994-2012). Ms. Novick earned a BA degree, cum laude, in economics from Cornell University in 1981.

Past 100WHF U.S. Effecting Change honorees include Hillary Rodham Clinton, George Soros, Ray Chambers, Gary Cohn, Carl Icahn, Julian Robertson, Robert Rubin, Jessica Palmer, Ken Langone, Joel Klein, T. Boone Pickens, Peter G. Peterson and David Rubenstein.

Net proceeds from the 2013 New York Gala and other U.S. fundraising events will support Best Buddies International. Firms and individuals interested in learning more about sponsorship opportunities, purchasing tables for the New York Gala on November 13, 2013, or making a donation, are invited to contact New York Gala Sales.

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