BlackRock Emerging Markets Bond Class D - Accumulation (USD)

Michel Aubenas, CFA, Managing Director, is a portfolio manager for the Emerging Markets Debt team within BlackRock's Portfolio Management Group. He is the lead portfolio manager for emerging markets sovereign debt strategies. Prior to joining BlackRock in June 2012, Mr. Aubenas was a senior portfolio manager for the emerging markets debt team at Fischer Francis Trees and Watts ("FFTW"), a BNP Paribas Investment Partner ("BNPP IP"), where he was managing sovereign debt strategies and shared regional coverage of Eastern Europe, Latin America and Frontier markets. Previously, Mr. Aubenas held several positions as an emerging markets debt portfolio manager, where he gained a cross-assets investment expertise in external debt (sovereign, quasi-sovereign and corporate), local rates and currencies. Mr. Aubenas earned an MSc degree in economics and a BSc degree in applied mathematics in 1998, and an MA degree in banking and finance in 1999, all from Dauphine University in Paris.

Sergio Trigo Paz, Managing Director, is Head of BlackRock's Emerging Markets Fixed Income. Prior to Joining BlackRock in 2012, he was CIO of Emerging Market Fixed Income at BNP Paribas Investment Partners. From 2004 to 2008, he managed a special situations and event driven EM hedge fund and was also responsible for total and absolute return EM strategies at Fortis Investments. In his early career from 1993 to 2004 he developed extensive experience in emerging markets debt as a proprietary and distressed trader and as a market maker. Sergio graduated with an MSc in Economics, an MSc in Finance and an MPhil in Management from Paris Sorbonne University in 1993.