Q2 2025 Management View CEO Laurence D. Fink highlighted the company's ongoing transformation, stating that "we're building on our fundamental -- our foundational platform to redefine the whole portfolio again by bringing together public and private markets across both asset management and technology.

The private equity era in RIA M&A isn’t over but now faces entry from sovereign wealth funds and BlackRock-owned private credit firms. "They play a little bit different role than the traditional private equity investment,

BlackRock said its assets under management reached a record $12.5 trillion in the second quarter, though its revenue missed estimates, sending shares lower Tuesday.

The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 trillion net lease market.

Investors added US$85 billion to exchange-traded funds and US$29 billion to equities overall, New York-based BlackRock said in a statement on Tuesday.

BlackRock stock has an average annualized return of 13.3% over the past 5 years and 11.8% over the past 10 years, which is slightly better than the S&P 500 when dividends are reinvested. BlackRock stock is a little expensive, trading at 27 times earnings, but its roughly inline with the median P/E of the S&P 500.

BlackRock Inc. said it expects to start offering its own target-date retirement funds that include private assets next year, the latest push by the $12.5 trillion money manager to bring alternatives to everyday investors.

The commercial net lease company holds investments in 122 properties across more than half of the country’s states.

Now celebrating 20 years in Chicago, the New York-based investment management firm is eyeing further growth through alternative investments.

A bond trader himself, Fink built BlackRock on fixed income, and HPS is at the forefront of how that business is changing. Rick Rieder, who heads up BlackRock’s roughly $3-trillion fixed income division, is a regular on television and public face of the firm. Kapnick will lead some of the fastest-growing and most profitable parts of the business.