|Company name||BlackRock, Inc.|
|Headquarters||Manhattan, New York City, New York|
|Key people||Laurence Fink|
(Chairman & CEO)
Robert Kapito (President)
|Revenue||(+) US$ 8.61 billion (2010)|
|Net income||(+) US$ 2.06 billion (2010)|
|AUM||(+) US$ 3.345 trillion|
|Total assets||(+) US$ 178 billion (2009)|
|Total equity||(+) US$ 24.3 billion (2009)|
|Employees||10,200 (2011)|| |
BlackRock, Inc. is an American multinational investment management corporation and the world's largest asset manager. BlackRock is headquartered in Manhattan, New York City, New York, United States and is the leading provider of investment, advisory, and risk management solutions . The company acquired Barclays Global Investors in December 2009, solidifying BlackRock's position as the largest investment manager in the world.
Founded in 1988, initially offering fixed income products, BlackRock has become a financial powerhouse while remaining out of the public eye. According to Ralph Schlosstein, CEO of Evercore Partners, a NY-based investment bank: “BlackRock today is one of, if not the, most influential financial institutions in the world.”
BlackRock serves clients in 60 countries, maintaining a major presence in North America, Europe, Asia-Pacific, and the Middle East. It has offices in San Francisco, Chicago, Los Angeles, Dallas, Princeton, Wilmington, London, Zurich, Paris, Frankfurt, São Paulo, Tokyo, Hong Kong, Taipei, Beijing, Sydney, Dubai, and various other cities. BlackRock has approximately 10,200 employees, including more than 700 investment professionals worldwide.