Company Description
BlackRock, Inc. is a publicly owned investment manager.
The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.
It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios.
It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds.
The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds.
The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe.
The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies.
It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities.
It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments.
The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments.
In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices.
BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
| Country | United States |
| Founded | 1988 |
| IPO Date | Oct 1, 1999 |
| Industry | Asset Management |
| Sector | Financials |
| Employees | 19,800 |
| CEO | Laurence Douglas Fink |
Contact Details
Address: 50 Hudson Yards New York, New York 10001 United States | |
| Phone | 212-810-5800 |
| Website | blackrock.com |
Stock Details
| Ticker Symbol | BLK |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001364742 |
| CUSIP Number | 09247X101 |
| ISIN Number | US09247X1019 |
| Employer ID | 32-0174431 |
| SIC Code | 6211 |
Key Executives
| Name | Position |
|---|---|
| Laurence Douglas Fink | Chairman and Chief Executive Officer |
| Robert Steven Kapito | President and Director |
| Martin S. Small | Senior MD, Chief Financial Officer and Global Head of Corporate Strategy |
| Robert Lawrence Goldstein | Senior MD and Chief Operating Officer |
| Gary Stephen Shedlin | Vice Chairman |
| Mark Kenneth Wiedman | Senior MD and Head of Global Client Business |
| Dr. Bennett W. Golub Ph.D. | Co-Founder |
| Mark McKenna | Founder, MD, Global Head of Event Driven Equity Strategies and Portfolio Manager |
| Dr. Jeff Shen Ph.D. | MD, Co-CIO and Co-Head of Systematic Active Equity (SAE) |
| Neeraj Seth | MD, Chief Investment Officer and Head of Asian credit ? Singapore |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 19, 2024 | 424B5 | Filing |
| Jul 18, 2024 | 8-K | Current Report |
| Jul 17, 2024 | FWP | Free Writing Prospectus |
| Jul 17, 2024 | 424B3 | Prospectus |
| Jul 17, 2024 | 8-K | Current Report |
| Jul 16, 2024 | 144 | Filing |
| Jul 15, 2024 | 8-K | Current Report |
| Jul 1, 2024 | 8-K | Current Report |
| May 31, 2024 | 8-K | Current Report |
| May 21, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |