BlackRock is a global investment management corporation based in New York City

 BlackRock is a global investment management corporation based in New York City, founded in 1988. It is the largest asset manager in the world, with $9.5 trillion in assets under management as of 2021. BlackRock is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol BLK.

BlackRock offers a wide range of investment products and services to institutional and individual investors, including mutual funds, exchange-traded funds (ETFs), and separate accounts. Its clients include pension funds, endowments, foundations, sovereign wealth funds, and individual investors.

BlackRock has a significant presence in the global financial markets and is considered a "systemically important financial institution" by the Financial Stability Board. It has been involved in several high-profile financial transactions, including the bailout of AIG during the 2008 financial crisis and the purchase of Barclays Global Investors in 2009, which made BlackRock the largest asset manager in the world at the time.

The corporation's success has been attributed to its diversified product offerings, technology investments, and the firm's ability to attract and retain top talent in the industry. BlackRock's CEO, Larry Fink, has been recognized as one of the most powerful people in finance and has been a vocal advocate for environmental, social, and governance (ESG) investing.

However, BlackRock has also faced criticism over its role in the financial crisis, its influence on corporate governance and shareholder activism, and its perceived lack of transparency in its investment practices. Nevertheless, BlackRock's position as the world's largest asset manager makes it an important player in the global financial system, and its actions can have a significant impact on the markets and the economy.