BlackRock, Inc. is a leading global investment management corporation based in New York City. The company primarily offers 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.
Founded in 1988 by eight partners including Larry Fink and Robert S. Kapito, BlackRock stands today as one of the world's largest asset managers, headquartered in New York, NY, United States.
Main Product(s):
BlackRock is renowned for its diverse range of products including mutual funds, iShares® (Exchange-Traded Funds), and other pooled investment vehicles. The company also offers risk management, advisory, and enterprise investment system services.
Short History of BlackRock, Inc:
1988 – Founded by Larry Fink, Robert Kapito, and six others.
1999 – BlackRock went public on the New York Stock Exchange.