BLK
NYSE
Financial Services
$964.71
USD
-$7.21 (-0.74%)
Last close
Market Cap:
$158.27B
Volume:
1.5M
Previous Close
$971.92
Day Range
$962.68 - $984.01
52 Week Range
$917.39 - $1219.94
Average Volume (10 Days)
920K
P/E Ratio
28.50
Dividend Yield
2.20%
BlackRock, Inc. engages in the provision of investment, advisory, and risk management solutions. The company is headquartered in New York City, New York and currently employs 24,900 full-time employees. The firm provides a range of investment management and technology and subscription services to institutional and retail clients. Its diverse platforms of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enable it to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. The company also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
CEO
Mr. Laurence Fink
Headquaters
New York City, NEW YORK, US
Founded
1999
Employees
24,900
Private credit funds including Blackstone's $79 billion BCRED and Cliffwater's $31.3 billion fund imposed 5% quarterly redemption caps after withdrawal requests reached 10% and 17% respectively in Q2 2026. Wealthy investors are pulling back from private credit while net outflows and slowing inflows signal a broader sentiment shift in the $1.8 trillion industry.
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Citigroup and BlackRock's HPS Investment Partners have launched a €15 billion private credit program targeting corporate and sponsor-backed borrowers across Europe, the Middle East, and Africa. Under the five-year agreement, Citi will source deals using its client relationships while HPS provides the capital, allowing Citi to earn fees without holding loans on its balance sheet.
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STT
State Street Corp
$168.11
-0.8%
BAM
BROOKFIELD ASSET MANAGEMENT LTD
$44.62
-0.1%
BNY
Bank of New York Mellon Corp
$143.56
-1.3%