I FINK you may have heard the name Black Rock mentioned in passing, maybe on the news, or flipping through the papers… ...BlackRock are the world’s biggest and most influential Asset Management company. In a nutshell, an Asset Management company manages the assets and funds of companies and wealthy individuals. They take over the decision making on areas such as the best places to invest and when. These decisions grow and diversify the investment portfolio of their clients, and ensure they get the best return possible for their money. BlackRock is an American Investment/Asset Management bank that is based in New York, Wall Street. Currently, they manage a staggering 6.84 trillion dollars worth of assets. Big responsibility! Larry Finks has been working in the Investment Banking sector since his career started at First Boston. In 1988, he co-founded Blackrock, and became its CEO and director. At the time, they were part of a corporate group called the Blackstone group. He retained his positions and responsibilities throughout BlackRock’s split from Blackstone in 1994.
Fink has been married to his wife Lori for over 40 years. They have three children, including a son who became a CEO himself! They own homes in Colorado and Manhattan. |
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