Larry Fink proposes that BlackRock diversify into private market assets, utilizing Apollo Global Management and Goldman Sachs as custodians for the fund.
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Updated Jun 29
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What happened
Larry Fink proposes that BlackRock diversify into private market assets, utilizing Apollo Global Management and Goldman Sachs as custodians for the fund.
Who's involved
What this event is mainly aboutKeep exploring
Part of
On July 16, 2025, Larry Fink announced a major strategic shift for BlackRock beyond public markets. The company's share price dropped in New York, near Manhattan, as analysts like Kyle Sanders (Edward Jones) and Bill Katz (TD Cowen) commented on the firm's reliance on technology via Aladdin for its All 1 developmentsThe entities involved
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Larry Fink
American Billionaire Business Person and Board Member, Chairman and CEO of BlackRock
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BlackRock
American multinational investment management corporation
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