# Everything You Need to Know About BlackRock

## Introduction

BlackRock, Inc. is the world's largest asset management company. Founded in 1988 by Larry Fink and a group of partners, BlackRock has grown into a global powerhouse that manages more than $11.5 trillion in assets under management (AUM) as of 2025. It is headquartered in New York City and operates in over 100 countries through more than 70 offices.

## Founders and Leadership

BlackRock was co-founded by Larry Fink, Robert Kapito, and a few others. Larry Fink remains the Chairman and CEO of the company. His leadership has been instrumental in turning BlackRock from a small risk management firm into the financial giant it is today.

## What Does BlackRock Do?

BlackRock specializes in asset management. This means it helps clients—such as governments, corporations, pension funds, and individuals—manage their investments. The company offers a range of financial products including:

- Mutual Funds
- Exchange-Traded Funds (ETFs) under the brand iShares
- Alternative Investments
- Infrastructure and Private Equity

## Technology: Aladdin

One of BlackRock’s most powerful tools is its proprietary technology platform called Aladdin (Asset, Liability, Debt and Derivative Investment Network). Aladdin is used for portfolio management, trading, risk analysis, and more. It's even licensed to competitors like Deutsche Bank and other financial institutions.

## Ownership and Influence

BlackRock owns significant shares in many of the world’s largest companies like Apple, Microsoft, Amazon, and Google. While it doesn’t control these companies, its investment weight gives it influence. Most of these shares are held on behalf of clients who invest in BlackRock-managed funds.

## Recent Acquisitions and Expansion

To grow its services and reach, BlackRock has made several strategic acquisitions:

- Acquired Global Infrastructure Partners (GIP) to boost infrastructure investment
- Acquired Preqin to expand private markets data capabilities
- Expanded into climate-focused investments

## Controversies and Criticism

As a major player in global finance, BlackRock has faced criticism and scrutiny. Issues include:

- Its involvement in fossil fuel investments
- Its influence over corporate governance
- Concerns over potential conflicts of interest due to its advisory role with governments

Despite this, BlackRock continues to make ESG (Environmental, Social, Governance) a key part of its strategy.

## Fun Facts

- BlackRock has more assets under management than the GDP of many countries.
- The Aladdin system monitors over 30,000 investment portfolios globally.
- Its iShares ETFs are among the most traded ETFs in the world.

## Conclusion

BlackRock is not just another financial firm—it's a central force in global finance. With massive assets and cutting-edge technology, it plays a crucial role in shaping markets, policies, and the future of investing.