BlackRock
Headquarters:
40 East 52nd Street
New York, NY 10022
Employees: 5,500
CEO: Laurence Fink
Website: http://www.blackrock.com
Stock Symbol:
BLK
Career Page
BlackRock is one of the largest publicly traded investment management firms in the United States with $1.28 trillion in assets under management across equity, fixed income, cash management, alternative investment and real estate strategies as of March 31, 2009.
BlackRock manages assets on behalf of institutional
and individual investors worldwide through a variety of equity,
fixed income, liquidity and alternative investment products.
In addition, BlackRock provides risk management, investment system
outsourcing, and financial advisory services to a wide array
of institutional investors and financial institutions.
The firm's client base includes corporate,
public, and Taft-Hartley pension plans, insurance companies,
mutual funds, endowments, foundations, nuclear decommissioning
trusts, corporations, banks, and individuals worldwide.
BlackRock is a truly global enterprise. It serves clients in North and South America, Europe, Asia, Japan, Australia and the Middle East.
In June, the company agreed to acquire Barclays Global Investors from Barclays PLC for $13.5 billion. At closing, BlackRock will have more than 9,000 employees in 24 countries and make the company the world's leading money manager and will have over $2.7 trillion in assets under management.
In 2008, BlackRock had total revenue of $5.06 billion and net income of $786 million.
History
Originally founded in 1988 as Blackstone Financial Management, the company changed its name to BlackRock in 1992.
The company had an IPO in 1999.
Benefits
As part of its comprehensive benefits package,
BlackRock offers tuition reimbursement for professional development.
Other attractive features include flexible healthcare options,
financial services, and retirement benefits.
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