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BlackRock's Competitors, Revenue, Number of Employees, Funding and Acquisitions

BlackRock is an investment management firm that provides risk and fixed income institutional asset management services.

B... Read more

Based on data from BlackRock's latest SEC filings

Annual Revenue

Based on data from BlackRock's latest SEC filings

Employees

Laurence D. Fink's photo - Chairman & CEO of BlackRock

Chairman & CEO

Laurence D. Fink

CEO Approval Rating

78/100

OVERVIEW

Founded:

1988

Headquarters:

New York, New York

Status:

PublicNYSEBLK

Industry Sector:

Investment Management & Fund Operators

SIC Code:

6282NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Vanguard a competitor of BlackRock?

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Trending News for BlackRock and BlackRock's Competitors

April 6, 2020

Reuters

UPDATE 3-JPMorgan CEO Dimon calls 'bad recession', mulls suspending 2020 dividend

JPMorgan Chase & Co's top boss, Jamie Dimon, on Monday said he sees a "bad recession" in 2020, and th... See more »

April 6, 2020

FE Investegate

BlackRock Group : Form 8.3 - AbbVie Inc

3:20 PM: Form 8.3 - AbbVie Inc... See more »

Today 12:38 AM

Pensions & Investments

Schroders names deputy CEO for Singapore

Schroders gives its head of institutional business for the Asia-Pacific region an additional role as ... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Fidelity is the biggest rival of BlackRock. Fidelity was founded in 1946, and its headquarters is in Boston, Massachusetts. Fidelity operates in the Diversified Financial Services industry. Fidelity has 25,100 more employees than BlackRock.

PIMCO has been one of BlackRock's top competitors. PIMCO is a Private company that was founded in Newport Beach, California in 1971. PIMCO is in the Investment Management & Fund Operators industry. PIMCO has 12,450 fewer employees vs. BlackRock.

Schroders is BlackRock's #3 rival. Schroders was founded in 1804 in London, England. Schroders is in the Business Support Services field. Schroders generates $11.2B less revenue than BlackRock.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Laurence D. Fink

Chairman & CEO

- -
14,900
$9B
$14.5B
1

Abigail P. Johnson

Chairman & CEO

73/100
40,000
$2.1B
$20.4B
2

Emmanuel Roman

CEO

71/100
2,450
$13.7B
$625M
3

Peter Harrison

CEO

72/100
9
$180.5M
$2.7B
4

Mortimer J. Buckley

Chairman & CEO

72/100
17,600
- -
$2B
5

Brendan Swords

Chairman & CEO

69/100
2,313
$393M
$331.1M
6

Phil de Toledo

President

72/100
7,500
- -
$7.3B
7

Drew Krichman

Managing Director

69/100
800
- -
$53M
8

Stephen A. Schwarzman

Chairman & CEO

75/100
2,615
$137.6B
$15.1B
9

Jennifer M. Johnson

President & CEO

76/100
9,600
$194.1M
$1.5B
10

David M. Solomon

Chairman & CEO

79/100
36,600
$2.9B
$36.5B
The top 10 competitors in BlackRock's competitive set are Fidelity, PIMCO, Schroders, Vanguard, Wellington Management, Capital Group, Jane Street, Blackstone, Franklin Templeton and Goldman Sachs. Together they have raised over 157.1B between their estimated 126.2K employees. BlackRock has 14,900 employees and is ranked 4th among it's top 10 competitors. The top 10 competitors average 12,217.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$14.5B

BlackRock's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 9.2B. Over the last four quarters, BlackRock's revenue has grown by 18.9%. Specifically, in Q4 2019's revenue was $4B; in Q3 2019, it was $3.7B; in Q2 2019, it was $3.5B; in Q1 2019, BlackRock's revenue was $3.3B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Creed Fragrances

Feb 2020

Source »
undisclosed
Creed Fragrances is a manufacturer and online retailer of fragrances and shower gels for men and women.
Triunfo Participacoes e Investimentos S.A.

Oct 2019

Source »
$41.7M
Triunfo is a holding company that focuses on operating highway concessions, ports administration, coastal shipping and energy companies.
eFront, S.A.

Mar 2019

Source »
$1.3B
eFront is an alternative investment software that offers portfolio management, fund administration and performance assessment solution for businesses.
Tennenbaum Capital Partners, LLC

Apr 2018

Source »
undisclosed
TCP is a private equity firm that focuses on buyouts, restructuring, turnaround, equity and debt investments.
Cachematrix Holdings LLC

Jun 2017

Source »
undisclosed
Cachematrix is a financial technology company that specializes in providing cash management solutions for banks and other financial institutions.

These are all the companies that BlackRock has acquired. BlackRock has acquired 8 companies and its latest acquisition was Creed Fragrances in Feb 2020. Creed Fragrances is a manufacturer and online retailer of fragrances and shower gels for men and women.

BlackRock Funding History

Since BlackRock was founded in 1988, it has participated in 10 rounds of funding. In total BlackRock has raised $9.0B. BlackRock's last funding round was on Dec 2019 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Dec 2019
$1B
-
Investment Fund
Jul 2019
$2B
-
Investment Fund
Apr 2019
$2.8B
-
Investment Fund
Apr 2018
$122.6M
-
Investment Fund
Nov 2017
$500M
-

Total Funding: $9B

Since BlackRock was founded in 1988, it has participated in 10 rounds of funding. In total BlackRock has raised $9.0B. BlackRock's last funding round was on Dec 2019 for a total of $1.0B

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

iCapital is a financial platform that allows investors and advisors to manage alternative investments, private equity and hedge funds.
$146M
Mar 22, 2020
Equity
-
Sigilon is a biotechnology company that develops and commercializes medicines for the treatment of chronic diseases.
$80.3M
Mar 16, 2020
Series B
-
Kymera is a biotechnology company that researches, develops and commercializes drug candidates for the treatment of intractable diseases.
$102M
Mar 11, 2020
Series C
-
Unqork is a SaaS-based platform that allows financial institutions to create, deploy and manage web and mobile-based applications.
$51M
Feb 25, 2020
Series B
-
Sambanova develops a SaaS-based platform that allows users to run AI-based applications.
$250M
Feb 24, 2020
Series C
-

These are all the companies that BlackRock has invested in. BlackRock has invested 8 companies and its latest investment was Creed Fragrances in Feb 2020. Creed Fragrances is a manufacturer and online retailer of fragrances and shower gels for men and women.

BlackRock News

Today 1:37 AMAsianInvestor

Exit of Asia division heads sparks changes at BlackRock

The recent departures include those of three segment chiefs for Asia-Pacific: the chairman for altern... See more »
April 6, 2020MarketWatch

This chart shows why BlackRock is upbeat on U.S. credit despite the pandemic

The Federal Reserve already sits atop the near $20 trillion pile of global central bank support for w... See more »
April 6, 2020Business Insider India

A stock chief at $7.4 trillion BlackRock shared with us his coronavirus-investing playbook: How to stay safe, what he's avoiding, and some surprising contrarian bets

Tony DeSpirito of BlackRock told Business Insider about the blend of safety and risk he's targeting a... See more »
April 6, 2020FE Investegate

Form 8.3 - AbbVie Inc

3:20 PM: Form 8.3 - AbbVie Inc... See more »
April 4, 2020WorldNews

BlackRock to Report First Quarter 2020 Earnings on April 16th

NEW YORK-(BUSINESS WIRE)-BlackRock, Inc. (NYSE: BLK) today announced that it will report first quarte... See more »
April 3, 2020Mining Capital

Bellevue Gold gains BlackRock Group as a new substantial holder

Bellevue Gold Ltd (ASX:BGL) has a new substantial gold in BlackRock Group with a holding of 68.99 mil... See more »
April 3, 2020Hubbis

BlackRock Asian equities specialist to depart firm

Andrew Swan, Managing Director and Head of Asian Equities for the Fundamental Equity division of Blac... See more »

BlackRock Blogs

March 31, 2020BlackRock Blog

Sustainable investing: Think long term, act now

A long-term structural shift to sustainable investing is taking place. Jean explains its relevance to... See more »
March 30, 2020BlackRock Blog

What's needed now: patience and perspective

Russ discusses the importance of keeping perspective as we face an unprecedented crisis.... See more »
March 25, 2020BlackRock Blog

Seeing beyond short-term turmoil: Ideas for stock investors

Financial markets, and the world, are in unprecedented times. Tony DeSpirito offers some perspective ... See more »
March 23, 2020BlackRock Blog

Why we favor re-balancing portfolios

Mike explains why it may be prudent re-balancing your portfolio - outside the usual calendar - after ... See more »
March 19, 2020BlackRock Blog

Fed Chair Powell’s Mario Moment…

BlackRock’s CIO of Global Fixed Income and Head of the Global Allocation Team weighs in on recent Fed... See more »
March 16, 2020BlackRock Blog

Why it’s not 2008 again

A déjà vu of 2008 in markets lately? Mike explains why we think the coronavirus shock should not spar... See more »
March 12, 2020BlackRock Blog

Three trends supporting gold as a hedge

Russ discusses the reasons why gold can be an effective hedge going forward.... See more »

BlackRock Press Releases

March 3, 2020NewsFile

Blackrock's 2019 Drill Program Delineates 250 Metres of Mineralized Strike Open to the East, West, and Down-Dip at Silver Cloud

Press Release HighlightsDrilling in Northwest Canyon starts the week of March 8 to follow up drillhol... See more »
March 2, 2020Business Wire

BlackRock Health Sciences Trust II Announces Initial Distribution

NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Health Sciences Trust II (NYSE:BMEZ, CU... See more »
February 27, 2020centralcharts

BlackRock Smaller Companies Trust Plc - Director/PDMR Shareholding

BlackRock Smaller Companies Trust Plc - Director/PDMR Shareholding PR Newswire London, February 27 Bl... See more »
February 19, 2020EIN Presswire

BlackRock CEO says climate crisis will reshape finance, DynaCERT approaches escape velocity

dynaCERT Inc. TSX-V: DYA is at the forefront of the coming Carbon Credit market, and is now the clear... See more »
February 14, 2020centralcharts

BlackRock® Canada Announces February Cash Distributions for the iShares® ETFs

TORONTO, Feb. 14, 2020 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Cana... See more »
February 13, 2020StreetInsider

RBC iShares Expands its Sustainable ETF Offering

TORONTO, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Today, RBC iShares has announced that it is creating more ... See more »
February 7, 2020GlobeNewswire

Quebec Superior Court Grants BlackRock® Plaintiffs Leave to Bring an Action in Damages Against Valeant Under the Quebec Securities Act

TORONTO, Feb. 07, 2020 (GLOBE NEWSWIRE) -- On February 3, 2020, the Quebec Superior Court granted Bla... See more »

BlackRock Videos

May 20, 2019BlackRock Youtube Channel

"Meet Tibor, Director, EMEA Retail RFP | BlackRock Budapest" on YOUTUBE

See more »
May 2, 2019BlackRock Youtube Channel

"Meet Mariann, Analyst, Data Science | BlackRock Budapest" on YOUTUBE

See more »
April 23, 2019BlackRock Youtube Channel

"My First Day | BlackRock Budapest" on YOUTUBE

See more »
March 25, 2019BlackRock Youtube Channel

"Her advice: Be a mosaic thinker | Kate Moore" on YOUTUBE

See more »
March 9, 2019BlackRock Youtube Channel

"BlackRock & SF Marin Food Bank partnering in the fight against hunger." on YOUTUBE

See more »
March 8, 2019BlackRock Youtube Channel

"International Women's Day 2019: Career Tips from Women at BlackRock" on YOUTUBE

See more »
March 7, 2019BlackRock Youtube Channel

"Her advice: Get involved | Bernadette Rivosecchi" on YOUTUBE

See more »

Social Statistics

Headquarters

40 East 52nd Street

New York, New York10022

212-810-5300

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

BlackRock, Inc. (NYSE: BLK) is an investment management firm that provides risk and fixed income institutional asset management services. Founded in 1988 and headquartered in New York with 12,200 employees, it provides diversified investment managemen...

CEO

BlackRock's Chairman & CEO, Laurence D. Fink, currently has an approval rating of 78%. BlackRock's primary competitors are Fidelity, PIMCO & Schroders.

Website

blackrock.com

Frequently Asked Questions about BlackRock

  1. When was BlackRock founded?

    BlackRock was founded in 1988

  2. Who is BlackRock's CEO?

    BlackRock's CEO is Laurence D. Fink

  3. How much revenue does BlackRock generate?

    BlackRock generates $14.5B in revenue

  4. How much funding does BlackRock have?

    BlackRock has historically raised $9B in funding

  5. Where is BlackRock's headquarters?

    BlackRock's headquarters is in New York New York, USA

  1. How many employees does BlackRock have?

    BlackRock has 14,900 employees

  2. What sector does BlackRock operate in?

    BlackRock is in Investment Management & Fund Operators

  3. Who are BlackRock's competitors?

    BlackRock's top competitors are Fidelity, PIMCO, Schroders

  4. Who has BlackRock invested in?

    BlackRock's has invested in companies such as iCapital Network, Sigilon, Kymera
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