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Overview
In The News
Executives & Employees
Board of Directors
Paths
Owners & Shareholders
Insider Transactions
Recent Transactions
Transaction Advisors
Transaction Clients
Advisors & Consultants
Clients
Financials
Non-Profit Donations & Grants
Investments
Suppliers
Awards & Honors

BlackRock, Inc.

Overview

Date Founded
1988
Headquarters
40 East 52nd St, New York, NY 10022 USA
Type of Company
Public
Employees (Worldwide)
13K
Industries
Investment Services & Portfolio Management

Investment Banking & Brokerage
Company Description
BlackRock is trusted to manage more money than any other investment firm. Their business is investing on behalf of their clients — from large institutions to parents and grandparents, teachers, nurses, doctors and people from all walks of life who entrust their savings to them. They are passionate about their work and intensely focused on performing at the highest levels. To get there, they strive to out-think and out-work competitors and find the best balance of risk and return across all investment styles on behalf of their clients.
Website

In The News See More

Australian Financial Review
January 22, 2018
CNBC
January 19, 2018
ENP Newswire
January 19, 2018
Global Banking News
January 19, 2018
Investment & Pensions Europe
January 18, 2018
See full news coverage and complete stories with RelSci Professional.

Executives & Employees See More


Co-Founder

Co-Founder

Co-Founder

Chief Financial Officer

Chief Legal Officer, Senior MD & General Counsel

Senior Managing Director & Chief Risk Officer

Global Head, Human Resources

Managing Director & Chief Accounting Officer

Senior Managing Director & Chairman, Asia Pacific

Senior MD & Head-Multi-Asset Strategies
See our list of current and previous employees when you upgrade.

Board of Directors


Co-Founder at BlackRock, Inc.

Co-Founder at BlackRock, Inc.

President & Chief Executive Officer at Estee Lauder Cos., Inc.

President & Chief Executive Officer at The PNC Financial Services Group, Inc.

Chairman & Chief Executive Officer at Cisco Systems, Inc.

Member, Executive Leadership Team at UJA Federation of New York

Board Partner at 8 Partners

President at Fundación Carlos Slim Helú AC

Co-Founder at BlackRock, Inc.
See our list of current and previous board members when you upgrade.

Paths to BlackRock, Inc.

BlackRock, Inc.
You
Connections via Relationship Science
BlackRock, Inc.
Sync your contacts to see how you can connect with BlackRock, Inc..

Owners & Shareholders

Details Hidden
PNC Bank's wealth management division provides access to ETFs and mutual funds, separately managed accounts and advanced investment solutions, as well as individual debt and equity securities.
Details Hidden
Wellington Management Co.'s investment approach is based on proprietary research. The firm's specialized portfolio management teams utilize in-house research to invest according to the investment philosophy, objective and process of each specific strategy. Portfolios are actively-managed based on the weight of the industry in the benchmark and using the best ideas from the firm's coverage universe. Wellington's investment strategies combine the use of fundamental research with quantitative valuation techniques.Wellington's equity and fixed-income investment selections are supported by global industry, regional and macroeconomic experts. Quantitative, technical, style and specialty research teams also contribute to the firm's equity investment processes. Wellington's fixed-income investment approach is based on credit, sovereign, quantitative and sector-based analysis. They seek to ensure that bottom-up investment decisions are made by also considering relevant top-down factors, and vice-versa.Wellington manages both regional and multi-currency multi-sector portfolios. Portfolios cover the duration spectrum from money market and short-term bonds to intermediate and market duration, core and core bond plus portfolios. The firm also invests in specific sectors including high yield, corporate, mortgage-backed, emerging markets and municipal bond portfolios.
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NBIM is an active, conservative manager with a very long-term outlook, focused on capital preservation and meeting planned withdrawals. They invest in international equities, fixed-income money market and derivatives. The equity and fixed-income investment departments operate separately and have independent decision power. They partially outsource portfolio management to specialist asset managers in markets and segments where it is not practical or possible to build internal expertise.The firm invests through the Government Pension Fund Global in international fixed-income complemented with global equity and real estate. The ministry determines the fund’s investment strategy, following advice from NBIM and discussions in Parliament.Their asset allocation covers most equity markets worldwide including emerging equity and fixed-income, denominated in a range of currencies. They aim for a diversified investment mix that will give the highest possible risk-adjusted return within the guidelines set by the ministry.The foreign exchange reserves are invested in equity, fixed-income and money market instruments. The money market portfolio is managed by the parent bank.NBIM uses a combination of passive and active investment processes. Index-tracking portfolios are generally managed in the Oslo office, while active management is concentrated in the London office, with final decisions taken in Oslo. Portfolios specializing in the financial, telecom, and cyclical sectors are actively managed, following a fundamental macro-economic top-down approach.The firm actively exercises ownership rights and is involved in social responsibility issues.
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Managed Account Advisors (MAA) provides services to Bank of America in connection with Select Portfolio Solutions, an investment service Bank of America offers to clients of Bank of America Private Wealth Management/US Trust and Bank of America Merrill Lynch Retirement Services. Select Portfolio Solutions is an investment service designed to help clients meet their investment objectives by offering style managers, strategies and portfolios to complement their existing investments. Assets are invested in all or a combination of equities, fixed-income securities, funds and other securities and investment products.^MAA is also to investment advisor for the Merrill Lynch Consults Program which offers clients the opportunity to select one or more investment styles or combinations of investment styles offered by managers participating in the program. Style managers may include one or more affiliates of Merrill Lynch. MAA invests in individual equity and fixed-income securities, and may also purchase, among other investments, mutual funds, closed-end funds, ETFs or other pooled products.^MAA several other wrap fee programs including the Merrill Lynch Unified Managed Account program, the Merrill Edge Advisory Account program and the Merrill Lynch Investment Advisory Program.
Details Hidden
UBS Financial Services' asset allocations are based on a proprietary methodology. In developing those allocations, UBS considers asset class risk and return results that are based on estimated forward-looking return and risk assumptions, as measured by standard deviation (“capital market assumptions”), which are based on UBS proprietary research. The development process includes a review of a variety of factors, including the return, risk, correlations and historical performance of various asset classes, inflation and risk premium. The process assumes a situation where the supply and demand for investments is in balance and in which expected returns of all asset classes are a reflection of their expected risk and correlations regardless of timeframe. These capital market assumptions do not assume any particular investment time horizon. UBS periodically reviews the economic or market conditions or other general investment considerations that it believes may impact the capital market assumptions. The capital market assumptions may change from time to time at the discretion of UBS.
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Insider Transactions

Details Hidden
Former Co-Founder
Details Hidden
Global Head, Human Resources

Recent Transactions

Details Hidden
Blackrock Real Assets, BlackRock, Inc. purchase Everpower Wind Holdings, Inc. /Operating Wind Assets from EverPower Wind Holdings, Inc. - (Pending)
Details Hidden
BlackRock, Inc. purchases Banco Nacional de México SA /Asset Management Business from Citigroup, Inc. - (Pending)
Details Hidden
BlackRock, Inc., Blackrock Real Assets purchase Mainstream Renewable Power Ltd. /Knockaneden Wind Farm from Mainstream Renewable Power Ltd.
Details Hidden
Global Energy & Power Infrastructure Group, BlackRock, Inc. purchase Gas Natural, Inc.
Details Hidden
BlackRock, Inc. purchases Cachematrix Holdings LLC
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Transaction Advisors

Companies ▾
Legal Advisor
Advised on BlackRock, Inc. purchases Merrill Lynch Investment Managers, Inc. from Merrill Lynch & Co., Inc. (Inactive)
Auditor
Advised on BlackRock, Inc. issued Class A Voting Common Stock
Investment Advisor
Advised on Bank of America Corp., The PNC Financial Services Group, Inc., BlackRock, Inc. purchase Barclays Global Investors NA from Barclays Plc
Investment Advisor
Advised on Bank of America Corp., The PNC Financial Services Group, Inc., BlackRock, Inc. purchase Barclays Global Investors NA from Barclays Plc
Manager
Advised on BlackRock, Inc. issued Common Stock
People ▾
Investment Advisor
Advised on BlackRock, Inc. purchases Merrill Lynch Investment Managers, Inc. from Merrill Lynch & Co., Inc. (Inactive)
Legal Advisor
Advised on BlackRock, Inc. purchases Merrill Lynch Investment Managers, Inc. from Merrill Lynch & Co., Inc. (Inactive)
Legal Advisor
Advised on Bank of America Corp., The PNC Financial Services Group, Inc., BlackRock, Inc. purchase Barclays Global Investors NA from Barclays Plc
Chairman, Financial Institutions Group
Advised on BlackRock, Inc. purchases Merrill Lynch Investment Managers, Inc. from Merrill Lynch & Co., Inc. (Inactive)
Co-Head, Private Capital Practice in Europe
Advised on BlackRock, Inc. purchases BlackRock Property Europe Ltd. from MGPA (Bermuda) Ltd.
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Transaction Clients

Companies ▾
Investment Advisor
Advised on Fidelity National Information Services, Inc. purchases eFunds Corp.
Lender
Advised on ENGIE SA purchases SolaireDirect SA from Aster Capital Partners SAS, Demeter Partners SA, TechFund Capital
Lender
Advised on FedEx Corporation purchases TNT Express NV from PostNL NV
Investment Advisor
Advised on Washington Mutual, Inc. purchases SR Investment, Inc. from National Australia Bank Ltd.

Advisors & Consultants

People ▾
Legal Advisor

Managing Partner at Proskauer Rose LLP
Legal Advisor
2010 - Current

Partner at Proskauer Rose LLP
Legal Advisor

Partner at Kramer Levin Naftalis & Frankel LLP
Legal Advisor

Partner at Kramer Levin Naftalis & Frankel LLP
Legal Advisor
2004 - Current

Partner at Skadden, Arps, Slate, Meagher & Flom LLP
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Clients

Companies ▾
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG traces its root to 1919, when American Cornelius Vander Starr established a general insurance agency, American Asiatic Underwriters, in Shanghai, China. Since then, an enterprising spirit, ingenuity, and tenacity have built the company into one of the world’s leading insurers. Today, AIG is focused on what it has been known for since the beginning: the willingness and ability to provide insurance coverage to meet the diverse needs of its clients.
   New York, NY
MarketAxess brings over 10 years of unparalleled trading, market data and technology innovation to the global institutional credit markets. Electronic Credit Trading MarketAxess was formed in April of 2000 in response to investors' need for a single trading platform with easy access to multi-dealer competitive pricing in a wide range of credit products. MarketAxess has since expanded and deepened its trading network with North America's premier institutional investors, which include investment advisers, mutual funds, insurance companies, public and private pension funds, bank portfolios and hedge funds, and leading broker-dealers, both primary dealers and regional firms. MarketAxess offers dealers significant presence in secondary markets, providing a broad base of credit securities and deep pool of liquidity for our institutional investor clients. The U.S. trading system supports fully-disclosed electronic trading in high-grade corporate bonds, high yield/crossover bonds, emerging markets bonds, U.S. agency securities, structured products, preferred stock and credit default swaps (CDS). MarketAxess Europe Limited, the wholly-owned U.K. subsidiary of MarketAxess Holdings Inc., operates in London and first launched European secondary trading in U.S. dollar and Euro-denominated Eurobonds in 2001. Since then, the platform has added trading in other European credit products including bonds issued in Pounds, Sterling, and floating rate notes (FRNs) and has since successfully expanded into sovereigns, supras, agency and covered bonds. MarketAxess Europe Limited was the first platform in Europe to offer this capability for corporate bonds. As of 2006, European institutional clients can access U.S. credit liquidity, provided they have established trading relationships with U.S. dealers. In 2010, MarketAxess expanded its credit trading platform to include institutional investors in the Asia Pacific region. Central banks, sovereign wealth funds, pension funds and asset and wealth managers are able to trade U.S. and European corporate bonds, Asian credits, emerging markets bonds and CDS with MarketAxess' global network of broker dealers. MarketAxess is a Recognized Market Operator in Singapore and an Authorized Automated Trading Service in Hong Kong. MarketAxess maintains its headquarters in New York and has offices in London, Chicago and Salt Lake City, Hong Kong and Singapore
   Pittsburgh, Pennsylvania
PNC Financial Services Group, Inc. engages in the provision of diversified financial services, including retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-backed lending; wealth management and asset management. It operates through the following segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio. The Retail Banking segment provides deposit, lending, brokerage, trust, investment management, and cash management services to consumer and small business customers within its primary geographic markets. The Corporate & Institutional segment provides lending, treasury management, and capital markets-related products and services to mid-sized corporations, government and not-for-profit entities, and selectively to large corporations. The Asset Management Group segment includes personal wealth management for high net worth and ultra high net worth clients and institutional asset management. The Residential Mortgage Banking segment directly originates primarily first lien residential mortgage loans on a nationwide basis with a significant presence within the retail banking footprint, and also originates loans through majority and minority owned affiliates. Mortgage loans represent loans collateralized by one-to-four-family residential real estate. The BlackRock segment manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, multi-asset class, alternative and cash management separate accounts and funds, including iShares. The Non-Strategic Assets Portfolio segment offers commercial residential development loans, cross-border leases, consumer brokered home equity loans, retail mortgages, non-prime mortgages, and residential construction loans. The company was founded in 1983 and is headquartered in Pittsburgh, PA.
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Key Stats and Financials as of 2017

Market Capitalization
$92.4B
Total Enterprise Value
$62.4B
Earnings Per Share
$30.23
Revenue
$12.7B
Net Profit
$4.97B
Three Year Compounded Annual Growth Rate Of Revenue
4.13%
Five Year Compounded Annual Growth Rate Of Revenue
5.98%
See financial details and more using RelSci Professional.

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$10K - $25K
2015
Cooke Center for Learning and Development is a non-sectarian, non-profit private provider of special education services in New York City offering a school for students ages 5 through 21, and consulting and training services. The Cooke Center collaborates with parents and professionals to provide inclusive educational programs for students with special needs, from early childhood to young adulthood.
$10K - $25K
2015
BLYTHEDALE CHILDREN'S HOSPITAL IS DEDICATED TO IMPROVING THE HEALTH & WELL-BEING OF CHILDREN.
$50K - $100K
2014
Ronald McDonald House of New York, Inc. provides temporary housing for pediatric cancer patients and their families. It offers family and coordinate emotional and physical services, psychological care, ministry support, wellness programs, tutors, music, art, transportation, activities for siblings, holiday and birthday parties and camaraderie for parents struggling with their child's cancer diagnosis. The company was founded in 1978 and is headquartered in Ronald McDonald House, NY.
$10K - $25K
2014
BLYTHEDALE CHILDREN'S HOSPITAL IS DEDICATED TO IMPROVING THE HEALTH & WELL-BEING OF CHILDREN.
$10K - $100K
2014
The University of Washington Foundation is a non-profit, public 501(c)(3) organization that advances the mission of the University of Washington by seeking and securing private support for its programs in service to students and society. The Foundation is a conduit for giving to University of Washington students, faculty, programs and/or facilities; gifts are applied to the UW fund or allocated as designated by the donors.
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Investments

Details Hidden
Richland-Stryker Generation LLC engages in the generation of electricity. It owns and operates two power generation facilities, the Richland peaking facility and Stryker peaking facility. The firm also provides managing power generating assets including the construction and operation of power plants and other related energy infrastructure assets. The company was incorporated on October 13, 2011 and is headquartered in Houston, TX.
Details Hidden
Extraction Oil & Gas, Inc. operates as an independent oil and gas company, which focuses on the acquisition, development and production of oil, natural gas and NGL reserves. The company was founded by Mark A. Erickson, Matthew Owens and Jesse Silva in December 2012 and is headquartered in Denver, CO.
Details Hidden
Broadview Networks Holdings, Inc. engages in the provision of communication services and information technology (IT) solutions to small and medium sized businesses and enterprise customers. It provides cloud services, professional IT services, and network access and other services. Its products and services includes hosted phone system, small business phone systems, by business need, by business size, by business industry, broadview fax, call center, call recording, virtual office, customer relationship connector, and high definition meeting. The company was founded by Terrence J. Anderson & Tracy Weil Korman in March 1996 and is headquartered in Rye Brook, NY.
Details Hidden
Jasper Infotech Pvt Ltd. operates as an online marketplace. It offers computers, laptops, appliances, cameras, clothing, shoes, toys, healthcare products, and automotive accessories. The company was founded by Kunal Bahl and Rohit Kumar Bansal in February 2010 and is headquartered in New Delhi, India.
Details Hidden
Invitae Corp. engages in the provision of genetic information into mainstream medical practice. It provides diagnostic service comprising approximately 1,500 genes for a variety of genetic disorders associated with oncology, cardiology, neurology, pediatrics, and whole exome analysis service. The company has created a genome network to connect patients, clinicians, advocacy organizations, researchers, and therapeutic developers to accelerate the understanding, diagnosis, and treatment of hereditary disease. Invitae was founded by Randal W. Scott and Sean E. George on January 13, 2010 and is headquartered in San Francisco, CA.
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Suppliers

   Accounting & Financial Services    Berkeley, CA
MSCI is a leading provider of investment decision support tools to around 7,500 clients worldwide, ranging from large pension plans to boutique hedge funds. We offer a range of products and services - including indices, portfolio risk and performance analytics, and governance tools - from a number of internationally recognized brands such as Barra, RiskMetrics, IPD and ISS. Located in 22 countries around the world, and, with over 2,700 employees, MSCI is dedicated to supporting the increasingly complex needs of the investment community with groundbreaking new products, high quality data, superior distribution and dedicated client support. Since the MSCI indices were launched over 40 years ago, the company has grown both organically and through acquisition to become one of the world’s leading players in the provision of products and services to institutional investors.
   Internet Software & Services    San Antonio, Texas
Harte-Hanks, Inc. engages in the provision of marketing solutions. It specializes in consulting, data analytics, creative services, digital and social media, marketing strategy, marketing technology, and other related services. It supports a range of customers in the field of technology, travel and leisure, entertainment, pharmaceuticals, automotive, finance, and retail. The company was founded in 1923 and is headquartered in San Antonio, TX.
   Real Estate Investment Trusts    Singapore, CE
CapitaLand Commercial Trust engages in investing in income producing real estate and real estate related assets. It operates through the following segments: Capital Tower, Six Battery Road, One George Street, CapitaGreen, Other Office Buildings, Car Park and Other Building. The company was founded on February 6, 2004 and is headquartered in Singapore.
   Alternative Energy    Halmstad, HA
Arise AB engages in the construction and operation of turbines; development of onshore wind farms; and sale of renewable energy. It operates through the following segments: Own Wind Power Operations; Co-Owned Wind Power Operations; and Development and Management. The Own Wind Power Operations segment includes wind farms located in Southern Sweden. The Co-Owned Wind Power Operations segment refers to Jädraås project. The Development and Management segment develops. constructs, sells, and manages wind farms. The company was founded by Leif Jansson, Peter Nygren, and Ulf Corné in 2006 and is headquartered in Halmstad, Sweden.
   Semiconductors    Guelph, ON
Canadian Solar, Inc. engages in the design, development, and sale of solar photovoltaic modules. It offers solar ingots, wafers, cells, modules, and other solar power products. It operates through the Module and Energy segments. The Module segment designs, develops, manufactures, and sells solar power products and solar system kits. The Energy segment consists of solar power project development and sale; engineering, procurement, and construction and development services; operations and maintenance services; and operating solar power projects, and sales of electricity. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.
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Awards & Honors

Rank #250
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by
Rank #250
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by
Rank #6
2012
Hedge Fund Journal - 50 Largest US Managers
Sponsored by

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