as US watchdogs aim to supervise non-bank financial institutions like asset managers more closely. At the same time, BlackRock is shaping the next generation of leadership.
Fink and Rob Kapito, the president and another cofounder lead the New York-based firm. BlackRock has made personnel changes and appointments in the past year that point to who may be positioned to take over once Fink and Kapito leave. For a window into BlackRock's workforce, powerful executives, dealmaking, and more, here is Insider's latest reporting on BlackRock.
Do you have a tip about BlackRock? Contact this reporter at rungarino@insider.com, rungarino@protonmail.com, or at 768-4711 using a non-work phone.Managers typically charge far higher fees to oversee private-markets assets for clients than the traditional stock and bond funds that BlackRock is best known for, and clients' appetite for those assets is growing. to double the revenue that its private markets business generates, and it's on the hunt for deals to make that happen.
Health Health Latest News, Health Health Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why the Housing Downturn is Virtually Over: Morgan Stanley's ZentnerMorgan Stanley's chief US economist now says home prices are likely to drop only 2% in 2023. Here's why she thinks the housing downturn is virtually over.
Source: BusinessInsider - 🏆 729. / 51 Read more »
SpaceX's 14-year-old recruit says his mom will drive him to workInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How I make money writing and how to get startedInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Some advertisers want their agencies disclose when they use generative AIInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »