What is BlackRock?
Leading global investment management firm
Location
50 Hudson Yards, New York City, New York 10001, United States
Product Features & Capabilities
- Investment management services for institutional and retail clients
- iShares ETFs offering diversified investment options
- Aladdin risk management platform for investment professionals
- Financial advisory services for market insights
- Sustainable investment solutions focusing on ESG criteria.
Investment Focus
BlackRock's primary investment focus in private equity includes managing approximately USD $35 billion in capital commitments across various strategies such as direct investments, primary fund investments, secondary market transactions, and co-investments. The firm invests across multiple sectors, including technology, healthcare, consumer products, and financial services, targeting both growth and buyout stages. BlackRock aims to leverage its extensive market insights and operational expertise to enhance portfolio performance and deliver value to its investors.
Assets Under Management
$10 trillion
Investment Geography
BlackRock primarily invests in geographical regions including North America, Europe, Asia-Pacific, and Latin America.
Key Portfolio Companies
- GoCardless - A payments company that developed a global payments network based on bank-to-bank payment systems. [Website](https://gocardless.com)
- ContentSquare - An experience optimization platform that captures visitor behavior insights to help increase conversions, utilizing artificial intelligence for automatic recommendations. [Website](https://contentsquare.com)
- Ultragenyx Pharmaceutical - A biopharmaceutical company based in Novato, California, focused on developing innovative products for the treatment of rare and ultra-rare diseases. [Website](https://ultragenyx.com)
- OwnBackup - Provides cloud-to-cloud data backup and recovery solutions for Salesforce users. [Website](https://ownbackup.com)
- Qumulo - Offers a file data platform for multi-cloud environments, specializing in large-scale file data storage. [Website](http://qumulo.com/)
- Sierra Space - A company based in Boulder, Colorado, involved in the aerospace and defense industry. [Website](https://sierraspace.com)
Notable Exits
- Elvie - Exit date: March 28, 2025. The specific exit method and size are not detailed.
- Own Company - Exit date: November 18, 2024. Details regarding the exit method are not provided.
- OnKure Therapeutics - Exit date: October 4, 2024. The exit method is also unspecified.
Recent Fundraising
$640 million
Management Team
- Laurence D. Fink - Chairman and Chief Executive Officer
- Robert S. Kapito - President
- Rob Goldstein - Chief Operating Officer
- Rachel Lord - Head of International
- Chris Meade - Chief Legal Officer
- Derek Stein - Chief Financial Officer
Other Considerations
Serves clients in over 100 countries; Manages over $9 trillion in assets; Recognized for leadership in sustainable investing.
HQ Full Address
50 Hudson Yards, New York City, New York 10001, United States