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BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager,[3] with US$11.5 trillion in assets under management as of 2024.[2] Headquartered in New York City, BlackRock has 70 offices in 30 countries, and clients in 100 countries.[5]