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Claim this company →BlackRock, Inc. is the world's largest asset manager, headquartered in New York City. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock manages $12.5 trillion in assets under management as of 2025. The firm has 70 offices in 30 countries and serves clients in 100 countries. BlackRock invests on behalf of institutional clients such as pension funds, sovereign wealth funds, governments, and foundations, and also offers mutual funds and exchange-traded funds for individual investors, including retirement products such as its LifePath target-date funds.
BlackRock is the manager of the iShares group of exchange-traded funds, and along with Fidelity, Vanguard, and State Street, it is considered one of the Big Four index fund managers. Its Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. As of Q1 2026, BlackRock reported record net inflows of $744 billion and a 27% year-over-year revenue increase to $6.7 billion, driven by strong performance in its iShares ETF franchise and technology services like Aladdin. In July 2025, BlackRock completed the acquisition of HPS Investment Partners, a leading global credit investment manager.
Recent Leadership News
Larry Fink, CEO of BlackRock, has voiced concerns about the impact artificial intelligence will have on employment levels at BlackRock's 2026 Infrastructure Summit. BlackRock announced a US$100m investment in the BlackRock Future Builders Initiative to connect workers to skilled trades training. In August 2025, Fink became interim co-chair of the World Economic Forum alongside André Hoffmann, replacing founder Klaus Schwab.
Sources
- BlackRock | Assets Under Management, History, & Influence | Britannica Money
- BlackRock - Wikipedia
- Employee Data and Trends for BlackRock | Unify
- BlackRock, Inc. - Form 10-Q - FY2026
- Larry Fink Warns Leaders on AI's Workforce Impact | Business Chief
- Larry Fink | BlackRock CEO & Cofounder | Britannica Money
Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
