Who are the 7 partners of BlackRock?

BlackRock, Inc., the world’s largest asset manager with a colossal $9.42 trillion in assets as of June 30, 2023, stands as a powerhouse in the global financial landscape. Established in 1988, BlackRock was founded by a group of visionaries who aimed to provide institutional clients with cutting-edge asset management services from a risk management perspective. Let’s delve into the origins of BlackRock and meet the seven partners who played pivotal roles in shaping the company’s trajectory.

The Founding Visionaries:

1. Larry Fink: Larry Fink, the current Chief Executive Officer (CEO) of BlackRock, co-founded the company in 1988. Under Fink’s leadership, BlackRock has evolved into the behemoth it is today, with a global presence and assets under management that exceed $9 trillion.
2. Robert S. Kapito: Serving as the President of BlackRock, Robert Kapito is one of the founders. Kapito’s expertise has been crucial in steering the company’s growth, and his leadership has played a significant role in its success.
3. Susan Wagner: Susan Wagner, a founding partner, has contributed her financial acumen to BlackRock’s success. Wagner’s expertise in investment strategies has been instrumental in the company’s ability to provide top-notch services to its institutional clients.
4. Barbara Novick: As one of the founding partners, Barbara Novick has been a key player in BlackRock’s journey. Novick’s focus on risk management has been crucial in establishing BlackRock as a leader in the asset management industry.
5. Ben Golub: Ben Golub, a founding partner, brought his financial insights to BlackRock’s founding team. Golub’s contributions have played a role in shaping the company’s approach to asset management from a risk perspective.
6. Hugh Frater: Hugh Frater, another founding partner, has been an integral part of BlackRock’s leadership. Frater’s expertise has been influential in guiding the company’s risk management strategies and overall success.
7. Ralph Schlosstein: Ralph Schlosstein, one of the founding partners, has been instrumental in BlackRock’s development. His strategic insights have contributed to the company’s ability to navigate the complexities of the financial markets.
8. Keith Anderson: Serving as one of the founding partners, Keith Anderson has been a driving force behind BlackRock’s success. Anderson’s contributions have played a role in establishing the company as a global leader in asset management.

Founding Principles and Evolution:

The founding partners envisioned BlackRock as a company that would provide institutional clients with asset management services uniquely focused on risk management. Over the years, BlackRock has evolved, expanding its reach globally with 70 offices in 30 countries and clients in 100 countries.

As the world’s largest asset manager, BlackRock owes its success to the vision and expertise of its founding partners. Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson came together in 1988 to establish a company that would redefine asset management. Today, their legacy lives on as BlackRock continues to shape the financial landscape on a global scale.