BlackRock (NYSE:BLK), Inc. is a global investment management firm founded in 1988 and headquartered in New York City. Originally established as part of Blackstone Group under the name Blackstone Financial Management, the firm adopted the BlackRock name in 1992 and pursued an initial public offering in 1999. Over the years, BlackRock has grown through both organic development and strategic acquisitions to become one of the world’s leading asset managers.
The company offers a wide range of investment products and services to institutional, intermediary, and individual investors. These include actively managed equity and fixed-income portfolios, index funds, and exchange-traded funds (ETFs) under the iShares brand. In addition to traditional asset management, BlackRock provides risk management and advisory solutions through its Aladdin platform, which delivers portfolio analytics, trading tools, and enterprise risk reporting to clients and other financial institutions.
BlackRock maintains a presence in more than 30 countries across North America, Europe, Asia-Pacific, the Middle East, and Latin America. Its client base spans public and private pension plans, insurance companies, endowments, foundations, sovereign wealth funds, and individual investors. By leveraging its global network and research capabilities, the firm aims to construct diversified portfolios tailored to varied investment objectives and risk profiles.
Under the leadership of Chairman and Chief Executive Officer Larry Fink, BlackRock emphasizes a commitment to sustainable investing and fiduciary responsibility. Fink, one of the firm’s co-founders, has guided BlackRock through decades of industry evolution while championing environmental, social, and governance (ESG) considerations in investment strategies. The firm’s leadership team and board of directors support a governance framework designed to align long-term client interests with corporate stewardship.
