BlackRock is the world's largest asset manager guiding individuals, financial professionals and institutions in building better financial futures.
BlackRock's founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today.
BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson. The firm is headquartered in New York City, and operates globally with 70 offices in 30 countries and clients in 100 countries.
BlackRock is Primarily Focused on balance sheet management, capital markets & portfolio construction, data & analytics, and risk & regulatory matters - to public and financial institutions, including banks and insurance companies globally.
BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets.
BlackRock has raised a target-beating $673M for climate-focused infrastructure fund on Nov 02, 2021. Among the fund's 22 backers were French energy company TotalEnergies (TTEF.PA) and institutional investors including AXA (AXAF.PA) and Dai-ichi Life Insurance.
BlackRock has a total asset under management of $9.5T as of Sep 2021. The fund are focused across equity, fixed income, cash management, alternative investment, Climate infrastructure, real estate and advisory strategies
BlackRock's largest division is iShares, a family of over 800 exchange-traded funds (ETFs) that comprises more than $1 trillion in assets under management. iShares is the largest provider of ETFs in the U.S. and in the world.
BlackRock has made thousands of investments to date. The company has also made some major acquisitions over the years: Acquired Merrill Lynch Investment Management for $9.3B in 2006; acquired Barclay's Global Investors (BGI) for $13.5B in 2009, just to name a few.