| Business Summary | | Blackrock,
Inc.
and
its
consolidated
subsidiaries
provide
diversified
investment
management
services
to
institutional
clients
and
to
individual
investors
through
various
investment
vehicles.
The
Company's
institutional
investment
management
services
primarily
consist
of
the
active
management
of
fixed
income,
equity
and
liquidity
client
accounts
and
the
management
of
the
Blackrock
Provident
Institutional
Funds,
a
money
market
mutual
fund
family
serving
the
institutional
market.
Individual
investor
services
primarily
consist
of
the
management
of
the
Company's
sponsored
open-end
and
closed-end
mutual
funds
(Blackrock
Funds).
The
Company's
wholly
owned
subsidiaries
include
Blackrock
Advisors,
Inc.,
Blackrock
Institutional
Management
Corporation,
Blackrock
Capital
Management,
Blackrock
Investments,
Inc.,
Blackrock
Financial
Management,
Inc.,
Blackrock
Funding,
Inc.
and
Blackrock
International,
Ltd. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Blackrock,
Inc.
is
an
investment
management
firm
with
$212.7
billion
in
assets
under
management.
The
company
offers
a
variety
of
investment
products
and
risk
management
services
to
institutional
and
individual
investors.
For
the
six
months
ended
6/30/01,
revenues
rose
22%
to
$269
million.
Net
income
rose
29%
to
$51.7
million.
Revenues
reflect
an
increase
in
investment
advisory
and
administration
fees.
Earnings
also
reflect
a
decrease
in
fund
administration
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Laurence Fink, 48 Chairman
and CEO | $8.1M | Ralph Schlosstein, 50 Pres | 4.9M | Robert Kapito, 44 Vice
Chairman | 10.7M | Paul Audet, 47 CFO,
Managing Director | 1.6M | Robert Connolly, 47 Managing
Director and Gen. Counsel | 810K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|