Larry Fink built BlackRock into an asset management titan with the help of canny dealmaking that caught hold of a huge shift in the way people invest. Now, as he tries to keep up with rivals, the 72-year-old has launched another splurge of M&A,
BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO Larry Fink and President Rob Kapito. The changes follow several major private market-linked acquisitions at BlackRock in the past year: Global Infrastructure Partners,
The recent flames of recognition of Nigerians don't look like they will be off with Adebayo Ogunlesi latest to attract global recognition.
BlackRock's assets hit a record high of $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, helped by fee income buoyed by stronger equity markets.
BlackRock has reported a strong fourth quarter (Q4 2024 ... and fees on AUM acquired in the Global Infrastructure Partners (GIP) deal. Additionally, higher performance fees and technology service revenue contributed to the growth. Revenues amounted ...
Meanwhile, the World Bank has forecast that trillions of dollars in investments will be needed annually to build sustainable infrastructure in emerging markets and developing economies. The likes of Apollo, Argo, GIP and Brookfield will have plenty to keep them busy.
2024--BlackRock, Inc. (NYSE: BLK) announced today that Adebayo ("Bayo") Ogunlesi, Founding Partner, Chairman and Chief Executive Officer of Global Infrastructure Partners ("GIP"), and a Senior ...
BlackRock's aggressive push into private credit and infrastructure is paying off, as the asset management giant saw $281 billion in inflows in Q4 2024.
The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when investing should be a red line in the culture wars. The financial industry must push back,
Stargate CEOs cite project’s promise of enabling cancer vaccines, though Musk joins critics in questioning partners’ financial strength and wisdom of the joint venture.
(Reuters) -Malaysia Airports said on Friday a takeover bid by the Gateway Development Alliance (GDA) consortium, led by sovereign wealth fund Khazanah Nasional, had now become unconditional. The bidding consortium,
Malaysia Airports said on Friday a takeover bid by the Gateway Development Alliance (GDA) consortium, led by sovereign wealth fund Khazanah Nasional, had now become unconditional. The bidding consortium,