Craig Phillips, Managing Director, leads the Financial Markets Advisory ("FMA") and the Client Solutions ("CS") Teams in BlackRock Solutions. He is a member of the firm's Operating Committee, the BRS Operating Committee and the Executive Committee of the Institutional Business.
The FMA Team provides a wide range of advisory, valuation and innovative solutions for its clients, which include banks, insurance companies, official institutions and other financial intermediaries. The team consists of over 200 employees based around the globe. Since 2008 it has advised on or managed the disposition of over $8 trillion assets, spanning over 150 discrete assignments across 20 countries.
The Client Solutions Team is comprised of over 120 professionals globally that provide complex solutions support for the firm's largest institutional clients. The team has a broad set of investment experience across fixed income, equity, alternatives and a wide range of specialized investment strategies. It also focuses on outcome-oriented investing solutions, taking into account liabilities, capital and other drivers of investment strategy.
Mr. Phillips joined BlackRock in 2008. He previously served as a Managing Director of Morgan Stanley from 1994 to 2006 in its Fixed Income division where he was responsible for oversight of its global Securitized Products Group. He served as a Managing Director of Credit Suisse First Boston from 1984 to 1994. Between 2006 and 2008, he was engaged in running his own investment vehicle, Ptarmigan Capital LLC, based in Stamford, Connecticut.
Mr. Phillips is a member of the Board of Directors of Partnership for After School Education ("PASE"), a child-focused organization that promotes and supports quality afterschool programs in New York City. He is also a Trustee of The Children's School of Stamford, Connecticut, an early learning school. He served as a member of the Steering Committee at Morgan Stanley in the development and fundraising for the project that resulted in the Morgan Stanley Children's Hospital of New York-Presbyterian Hospital.
Mr. Phillips earned a BA degree in economics and business administration from Vanderbilt University in 1976.