BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023.Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management.Founded in 1985, both companies fell under an umbrella company called Blackstone Financial Management, a mergers and acquisitions company. In 1988, BlackRock separated from the parent company and focused on risk management. Today, they're now completely separate companies with different offerings.

What type of fund is BlackRock : BlackRock offers a comprehensive selection of high-strong-performing, low-cost mutual funds, designed to cover multiple asset classes, geographic areas and investment goals. Our clients can invest in funds run by some of the industry's leading portfolio managers, benefiting from their deep experience and expertise.

What is the biggest hedge fund

Bridgewater Associates
Largest hedge fund firms

Rank	Firm	AUM as of June 2023 (millions of USD)
1	Bridgewater Associates	$97,200
2	Man Group	$69,900
3	Millennium Management, LLC	$57,346
4	The Children's Investment Fund Management	$56,000

What is BlackRock CEO’s salary : Our data indicates that BlackRock, Inc. has a market capitalization of US$116b, and total annual CEO compensation was reported as US$27m for the year to December 2023.

BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

In 1990, Blackstone launched its hedge funds business, initially intended to manage investments for Blackstone senior management. That same year, Blackstone formed a partnership with J. O. Hambro Magan in the UK and Indosuez in France.

Does BlackRock own everything

Contrary to popular belief, BlackRock doesn't directly own shares in major corporations, single-family homes, or infrastructure. It manages these investments in its funds and other investment products on behalf of clients.Buying shares in the BlackRock Income and Growth Investment Trust is easy. You can do so via a stockbroker or an online platform. You can also invest in investment trusts through your ISA with another provider or self-invested personal pension (SIPP).BlackRock has grown from a start-up to a market leader by attracting clients and employees, and by acquiring several other asset management companies. BlackRock's mission is to create a better financial future for our clients, by building the most respected investment and risk manager in the world.

J.P. Morgan Alternative Asset Management (JPMAAM) is a dedicated, global provider of niche hedge fund strategies. Since its inception in 1995, JPMAAM has focused on developing customized solutions across the liquidity spectrum to help investors achieve their strategic investment objectives.

Is Goldman Sachs a hedge fund : It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds.

How rich is Larry Fink : $1.2 billion

BlackRock CEO Larry Fink's estimated net worth is $1.2 billion.

Who is top paid at BlackRock

The highest-paying job at BlackRock is a Chief Investment Officer with a salary of £300,294 per year (estimate).

ownership in SPY / SPDR S&P 500 ETF Trust. On May 10, 2024 – BlackRock Inc. filed a 13F-HR form disclosing ownership of 1,364,253 shares of SPDR S&P 500 ETF Trust (US:SPY) valued at $713,599,817 USD as of March 31, 2024.What Is a Hedge Fund A hedge fund is a limited partnership of private investors whose money is pooled and managed by professional fund managers. These managers use a wide range of strategies, including leverage (borrowed money) and the trading of non-traditional assets, to earn above-average investment returns.

How does BlackRock make money : 4 BlackRock derives the majority of its revenue from investment advisory and administrative fees charged to its clients. 5 Among BlackRock's major competitors are The Vanguard Group, State Street Corp. (STT), and T. Rowe Price Group Inc.