One of BlackRock’s most well-known co-founders, Barbara Novick, is taking a stab at retirement for the second time.

Novick led the firm’s public-policy efforts, building a lobbying machine that allowed BlackRock to avoid the same regulations as banks and fuelling its rise into the world’s largest money manager with $7.8tn under management. She tried to leave last year but stayed on as the coronavirus pandemic unnerved markets. She says this time it’s for real.