More than 30 limited partners, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from around the globe have committed to the fund. Larry King's magnificent seven — his ex-wives, Trump says 'we'll do something' but 'not just yet' in first post-presidential remark, Beloved equestrian 'ousted,' replaced by Alec and Hilaria Baldwin's charity, Katie Couric in 'Jeopardy!' BlackRock has joined the bitcoin business - the world's largest asset manager has said two of its funds can now invest in the cryptocurrency Shalini Nagarajan Jan. 21, 2021, … The combination of eFront with Aladdin will set a new standard in investment and risk management technology, vastly expanding Aladdin’s alternatives capabilities and providing a whole-portfolio technology solution to clients. 21st October 2020, LONDON – Global senior insurance executives expect to see a significant shift in the industry as a result of a year that has seen them navigating uncharted waters, according to new BlackRock research. The Priorities also further BlackRock’s commitment in January to make sustainability its new standard for investing. In November, President-elect Joe Biden tapped BlackRock alums Brian Deese and Adewale “Wally” Adeyemo as head of the National Economic Council and deputy Treasury secretary, respectively. RBC Global Asset Management Inc. (“RBC GAM Inc.”) and BlackRock Asset Management Canada Limited (“BlackRock Canada”) today announced a strategic alliance that will deliver the most comprehensive ETF offering in the Canadian marketplace. We expect BlackRock to continue to generate superior organic growth, which, in our view, is a more reliable thesis than the mergers-and-acquisitions speculation currently affecting some … Asia Pacific, November 26, 2018 – BlackRock, Inc. (NYSE: BLK) today appointed Geraldine Buckingham as Chair and Head of BlackRock Asia Pacific, succeeding Ryan Stork, who becomes Deputy Global Chief Operating Officer, based in New York. In November, President-elect Joe Biden tapped BlackRock alums Brian Deese and Adewale “Wally” Adeyemo as head of the National Economic Council and deputy Treasury … BlackRock, the world’s largest asset manager, runs more than 120 mutual funds, in addition to an extensive array of exchange-traded funds through its iShares unit. January 8, 2021 | 5:36pm | Updated January 8, 2021 | 5:36pm. REUTERS Filed under blackrock , finance , goldman sachs , joe … He’s also taken on a public facing role at BlackRock and recently appeared on CNBC to present the firm’s bullish economic outlook. Aperio is a pioneer in customizing tax-optimized index equity separately managed accounts (SMAs) to reflect each client’s unique risk, tax, and personal values preferences. BlackRock, Inc. (NYSE: BLK) (“BlackRock”) and The DSP Group have agreed terms for BlackRock to sell its minority interest in DSP BlackRock Investment Managers Pvt. BlackRock currently has a 40% stake in the joint venture, which manages and markets a range of co-branded mutual funds in India. over GOP 'deprogram' comments, Kamala Harris moves next door to Joe Biden — see inside her new home, One-shot COVID vaccine may give this company an edge in vaccine rollout, GameStop short seller says he's being threatened by its investors, JoJo Siwa confirms she’s part of LGBTQ community: ‘I’m really, really happy’, Sylvester Stallone lists LA mansion for jaw-dropping $130M, Like boxer dad Oscar, Atiana De La Hoya packs a punch — on Instagram, © 2021 NYP Holdings, Inc. All Rights Reserved, Wall Street bigs press for speedier COVID vaccine rollout in NY, BlackRock easily beats estimates, now manages $8.7 trillion, Why Nasdaq’s latest diversity plan is hypocritical, A new Wall Street power player takes shape in White House, President-elect Joe Biden tapped BlackRock alums, In a pandemic raged economy, it's buying time in the NYC real estate market, Barstool Sports' Dave Portnoy is a pub saver amid COVID-19, Olay launches sitewide sale in honor of Mercury in retrograde, You can get Coach Outlet's surprise Valentine's Day collection for up to 65 percent off, Brush up on your math skills with this $30 package of online classes, 10 best women’s loungewear sets that are as cute as they are comfortable, 10 best online cooking classes of 2021 for virtual culinary fun from home, Find out the jobs behind these expensive clothes. Larry Fink, chief executive officer of BlackRock, speaks at the Bloomberg Global Business forum in New York. It was created as a distinct business within the company, separate and independent from BlackRock… BlackRock Chair and Chief Executive Laurence D. Fink attends a session at the World Economic Forum annual meeting in Davos, Switzerland on Jan. 23, 2020. BlackRock offers a range of solutions for institutions, financial professional and individuals across the U.S.. From shop assistants in your local stores to national organizations and non-profits, BlackRock has helped people take control of their financial … BlackRock established Financial Markets Advisory (FMA) during the financial crisis in April 2008 to provide dedicated support to governments, central banks, and then financial institutions, worldwide. This includes support for the people and programs providing direct services on the frontlines and for the most financially vulnerable members of our global community who will feel its impact hardest, today and in the months to come. New York, May 11, 2020 --BlackRock, Inc. (NYSE: BLK) (the “Company”) today announced the commencement of a secondary offering of its common stock through which The PNC Financial Services Group, Inc. (NYSE: PNC) intends to exit its full investment in the Company. New York, February 13, 2020 – BlackRock, Inc. (NYSE: BLK) has made a charitable contribution of 15.6 million shares of PennyMac Financial Services, Inc. (NYSE: PFSI), with a market value of $589 million, to fund the firm’s social impact efforts to advance a more inclusive and sustainable economy. BlackRock (NYSE: BLK) has completed its acquisition of Citibanamex’s asset management business. The entire stock market was transformed in 2020 by an investment trend that reallocated … PNC also expects to grant the underwriters a 30-day option to purchase an additional 10% of the shares offered. ASU Enterprise Partners, parent organization to the ASU Foundation and other non-profit entities that raise resources in support of Arizona State University, named BlackRock Inc. as its Outsourced Chief Investment Officer (OCIO), furthering the organizations’ three-year risk advisory relationship and creating new opportunities to advance accessible, excellent higher education. “We see 2021 as a really powerful year for the restart, in terms of economic activity,” he told the network. Like Deese and Adeyemo, he was also a key aide in the Obama White House, where he was instrumental in that administration’s policies on health care reform and trade with China. Bringing together BlackRock’s investment capabilities and Microsoft’s technology strength, the two companies are jointly exploring next generation solutions to help more people make better decisions as they work toward their financial goals in retirement. New York, January 15, 2020 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2019. BCIC will report earnings for the fourth quarter 2020 on Wednesday, March 3, 2021 after the close of the financial markets. To help investors find their way through a host of new challenges in 2020, BlackRock convened The BlackRock Future Forum, an innovative virtual conference featuring dozens of distinguished experts and their visions for a better future. Pyle is the most senior of the three BlackRock execs to head to DC. Asia Pacific, April 17, 2019 – BlackRock today announced the appointment of Tony Tang as Head of China, effective July 2019. Do Not Sell My Personal Information. BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and six months ended June 30, 2018. BlackRock will integrate Clarity AI’s capabilities with Aladdin®, BlackRock’s end-to-end operating system for investment professionals. The transaction involves fixed income, equity, and multi-asset funds holding approximately $34 billion in investments. November 23, 2020, NEW YORK – BlackRock, Inc. (NYSE: BLK) today announced that it has entered into a definitive agreement to acquire Aperio from Golden Gate Capital and Aperio employees for $1.05 billion in cash. Read our latest press releases, learn about BlackRock executives, find contacts for media inquiries and more. Designed to be provided through employers’ defined contribution plans, the new investment solution, called LifePath PaycheckTM, aims to reimagine retirement by combining an innovative investment solution that helps protect workers’ nest eggs with an integrated digital experience for participants that leverages the security and scale of the Microsoft Azure cloud platform. BlackRock, Inc. (NYSE: BLK) and Acorns, the country’s fastest growing micro investing app with more than 3.3 million investment accounts, today announced a partnership focused on improving the savings and investing behaviors of the next generation of investors. At BlackRock, we are committed to supporting people impacted by this global crisis, especially in the communities where we operate. New York, May 12, 2020 — BlackRock, Inc. (the "Company") (NYSE: BLK) today announced the pricing of the secondary offering of 28,753,248 shares of common stock held by The PNC Financial Services Group, Inc. (NYSE: PNC) (“PNC”) at a price of $420 per share. New York, April 3, 2019 – The Bank of New York Mellon Corporation (“BNY Mellon”) and BlackRock, through its BlackRock Solutions business, announced today a strategic alliance to deliver integrated data, technology, and asset management servicing capabilities to common clients. Citibanamex is a subsidiary of Citigroup Inc. (NYSE:C). View the latest BLK financial statements, income statements and financial ratios. Thursday December 10, 2020 8:07 am BlackRock will more than double the number of companies it engages with over climate-change concerns next year, meaning more … The structural shifts influencing the future of the global economy and society have accelerated in 2020, leading to increased investor demand for strategies that go beyond traditional sector, market capitalization and geographic classifications. New York, May 27, 2020 – At a time when Americans are increasingly concerned about their long-term financial future, BlackRock is announcing a ground-breaking solution designed to provide millions of American workers with simplified access to lifetime income throughout their retirement. Annual stock financials by MarketWatch. Ltd. to The DSP Group. New York, Paris – March 22, 2019 – BlackRock today announced that it has made a binding offer and entered into an exclusive agreement, subject to the conditions below, to acquire 100% of the equity interests in eFront, the world’s leading end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for $1.3 billion in cash. Post was not sent - check your email addresses! New York and Redmond, Wash. - Tuesday, April 7, 2020 – BlackRock and Microsoft Corp. have formed a strategic partnership to host BlackRock’s Aladdin infrastructure on the Microsoft Azure cloud platform, bringing enhanced capabilities to BlackRock and its Aladdin clients, which include many of the world’s most sophisticated institutional investors and wealth managers. In recent years, index investing has become more and more competitive, which has cut … Hong Kong/Shanghai/Beijing, 28 December 2017 – BlackRock’s wholly foreign-owned enterprise in Shanghai, BlackRock Investment Management (Shanghai) Co., Ltd., has successfully registered with Asset Management Association of China (AMAC) as a Private Fund Management (PFM) company. Vice-President-elect Kamala Harris on Friday said she’s selected BlackRock’s Global Chief Investment Strategist Mike Pyle as her chief economic advisor, making him the third high-profile member of Larry Fink’s $7.8 trillion financial empire to take a top job with the Biden White House. For local market product announcements, please click on the country links down below. Find the latest BlackRock, Inc. (BLK) stock quote, history, news and other vital information to help you with your stock trading and investing. His rise at BlackRock has been swift and he is currently a top advisor to Fink on how the world’s largest asset manager should manages its assets. Hong Kong and Singapore – October 29, 2018 – BlackRock Real Assets has extended its renewable energy franchise by appointing Managing Director Charlie Reid to lead the investment efforts in Asia Pacific. New York – March 18, 2020 – BlackRock, Inc. released its Engagement Priorities for 2020 (the “Priorities”) today, outlining its roadmap for investment stewardship this year. BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and nine months ended September 30, 2018. BlackRock, Inc. (NYSE: BLK) today announced that Charles H. “Chuck” Robbins, Chief Executive Officer of Cisco Systems, Inc. (“Cisco”), has been nominated to join BlackRock’s Board of Directors. For Fink, having so many former staffers in prominent DC roles may prove a consolation prize for not being chosen as Biden’s Treasury Secretary — a job that the 68-year-old billionaire and vocal Biden supporter was rumored to have been eyeing during the election. Drawing its largest audience ever for a client event, BlackRock convened its first Global Summit to explore the role of sustainability in investing and how it might help the global economy recover from the coronavirus pandemic. December 1, 2020, New York, NY – Building on BlackRock’s strength in risk management through the Aladdin platform, BlackRock today announced it has created Aladdin Climate to meet the urgent need among financial institutions and investors to quantify climate risk in their portfolios as the physical toll of climate change mounts and the global transition to net zero emissions accelerates. These new capabilities integrate BNY Mellon’s data insights, accounting, and servicing tools into Aladdin®, BlackRock’s investment and operating platform for investment managers. Ltd. to The DSP Group. BlackRock is the first foreign business to receive the approval in China. The combination of eFront with Aladdin, BlackRock’s investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology. Thursday January 21, 2021 9:44 am BlackRock, the world’s largest asset manager, has lodged documents with the US financial regulator to allow two of its funds to invest in … Asia Pacific, August 6, 2018 – BlackRock today appointed Rajat Agrawal as Managing Director in the Asian Private Credit team. The sale is expected to complete, subject to regulatory approval, once naming transfers and investment scheme unitholder communications are finalised. Sorry, your blog cannot share posts by email. © 2021 BlackRock, Inc. All rights reserved. BlackRock Is Leading A $120 Trillion Investment Boom That Is Upending Wall St. New York – January 14, 2021 – BlackRock Inc. (NYSE: BLK) today announced a minority investment in Clarity AI, a sustainability analytics and data science platform, as the firm continues to invest in delivering sustainable investing analytics and software for clients. New York, January 14, 2021 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2020. New York, October 24, 2019 – BlackRock, Goldman Sachs, JPMorgan Chase & Co., Allianz, Citi, Societe Generale, State Street, T. Rowe Price, and Vanguard, today, in a joint paper, presented detailed recommendations from both buy-side and sell-side perspectives to further enhance the safety and soundness of central counterparties (CCPs), also known as clearing houses. BlackRock Inc. 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