The Vanguard Group
Search results
BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson to provide institutional clients with asset management services from a risk management perspective.
- 1988
- 1999
- 2000
- 2006
- 2008
- 2009
- 2012
- 2016
- 2017
- 2018
BlackRock began in 1988 with eight people in a single room who shared a determination to put clients’ needs and interests first. Our founders believed they could manage assets in a way that was better for their clients – by utilizing their passion for understanding and managing risk. This is the way the firm continues to be managed today.
Recognizing the opportunity to bring transparency, scale and innovation to risk management for the broader industry, BlackRock begins to sell its proprietary technology, Aladdin. This technology, integral to who we are as a firm, is embedded in everything we do, thus differentiating us as an investment and risk manager.
BlackRock founds BlackRock Solutions, with Aladdin as the basis for the business. This marked the beginning of BlackRock’s role as a technology provider.
BlackRock acquires Merrill Lynch Investment Management, expanding its retail and international presence.
Amidst the financial crisis, the Head of the Federal Reserve Bank of New York asks BlackRock to analyze Bear Stearns' mortgage-backed securities assets and determine their value. BlackRock plays a key advisory role to institutions across the globe seeking to navigate the financial crisis.
BlackRock acquires Barclay's Global Investors (BGI), becoming the world's largest asset manager, with employees in 24 countries. With this acquisition, BlackRock makes the unprecedented move of bringing alpha and index strategies under one roof to provide a wider breadth of solutions for its clients.
BlackRock launches iShares Core to provide investors with broad stock and bond market exposure at the foundation of their portfolios in a low-cost and tax-efficient way.
Given the changing wealth management landscape, BlackRock focuses on providing portfolio construction expertise to financial advisors by leveraging our diverse platform and portfolio construction technology. Aladdin Wealth, which benefits from the same data and risk capabilities used by our own investment teams, is sold to our first wealth manageme...
BlackRock further increases our commitment to Investment Stewardship, emphasizing the importance of purpose to long-term profitability. Through this work and the overall dedication to Investment Stewardship over the past seven years, we go beyond proxy voting to engage with companies to drive long-term, sustainable financial performance and ultimat...
BlackRock launches its first AI Lab in Palo Alto to accelerate its use of artificial intelligence and associated disciplines – machine learning, data science, natural language processing – to improve outcomes and drive progress for investors, clients and the firm.
In 1988, under the corporate umbrella of The Blackstone Group, Fink co-founded BlackRock and became its director and CEO. When BlackRock split from Blackstone in 1994, Fink retained his positions, becoming chairman in 1998 after BlackRock became independent.
Laurence D. Fink is Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.
3 days ago · Larry Fink is the founder, CEO and chairman of powerhouse investment management firm BlackRock, one of the world's largest asset managers. He and seven partners founded BlackRock in 1988.
- Cofounder, CEO
Jun 18, 2024 · Laurence D. Fink is founder, chairman, and CEO of BlackRock, Inc. He and seven partners founded BlackRock in 1988, and, under his leadership, the firm has grown into a global leader in...
People also ask
Who founded BlackRock?
Who is Blackrock & what does Blackrock do?
Is Blackrock a publicly traded company?
Is Blackrock a good investment company?
Who is BlackRock Solutions?
Will Blackrock become a global leader in'sustainable investing'?
Nov 23, 2023 · Laurence Douglas Fink, popularly known as Larry Fink, is the founder, chairman and CEO of BlackRock. He, along with seven partners, founded BlackRock in 1988. BlackRock is the world’s largest...
