BlackRock was founded in 1988 as Blackstone Financial Management, a financial management services division, as part of The Blackstone Group.
In 1992 the company changed its name to Blackstone. In 1995 Blackstone was bought by PNC Financial Services Group.
Blackstone went public in 1999, trading at $14 per share.
Today the company is the world’s largest investment management firm with nearly $3.8 trillion in assets under management.
BlackRock’s clients include governments, pension plans, mutual funds, endowments, insurance companies, foundations, and charities. The company serves its clients through offices in 30 countries.
BlackRock trades publicly on the New York Stock Exchange under the ticker symbol BLK, is a member of the S&P 500, is #280 in the Fortune 500, has 12,600 employees, and had $14.539 billion in revenue in 2019.
In December 2020, BlackRock announced that it would push for racial diversity in 2021.
BlackRock was founded in 1988 as Blackstone Financial Management, a financial management services division, as part of The Blackstone Group.
In 1992 the company changed its name to Blackstone. In 1995 Blackstone was bought by PNC Financial Services Group.
History
Blackstone went public in 1999, trading at $14 per share.
Today the company is the world’s largest investment management firm with nearly $3.8 trillion in assets under management.
BlackRock’s clients include governments, pension plans, mutual funds, endowments, insurance companies, foundations, and charities. The company serves its clients through offices in 30 countries.
BlackRock trades publicly on the New York Stock Exchange under the ticker symbol BLK, is a member of the S&P 500, is #280 in the Fortune 500, has 12,600 employees, and had $14.539 billion in revenue in 2019.
In December 2020, BlackRock announced that it would push for racial diversity in 2021.