31 Comments
 

A little something I wrote up:

BlackRock® is a premier provider of global investment management, risk management and advisory services to institutional and retail clients around the world. As of December 31, 2006, BlackRock’s assets under management total over USD 1 trillion across fixed income, liquidity, equity, alternative investment and real estate strategies.

BlackRock’s story has always been one of evolution. Since our founding in 1988 as a primarily institutional fixed income manager, we have continually looked for ways to enhance our ability to serve clients. Not only have we sought to broaden and deepen our general capabilities, we have also tried to capitalize on the key macro trends that are shaping the future of Asset Management. The most recent step in our development is our merger with Merrill Lynch Investment Managers, which closed September 29, 2006, significantly increasing our assets under management and, more important, transforming our business into a truly global one. In Merrill Lynch Investment Managers we found a partner that gives us extraordinary global scale and enhances our collective ability to serve institutions, financial intermediaries and individuals. Learn more about our combination with Merrill Lynch Investment Managers.

BlackRock has long focused on a cross-disciplinary team approach in which clients benefit from the pooled expertise of the firm’s resources: our investment and risk management professionals and our proprietary analytical tools. In addition to excellent performance, BlackRock is committed to delivering a high level of service tailored to the needs of each client. BlackRock’s client base includes corporate, public and Taft-Hartley pension plans, insurance companies, mutual funds, endowments, foundations, nuclear decommissioning trusts, corporations, banks and individuals across the globe. Headquartered in New York, BlackRock has offices around the globe, and maintains a major presence in key markets in Asia, Australia, Europe, Japan, the Middle East, the United Kingdom, and the United States.

BlackRock is independent in ownership and governance, with no single majority stockholder and a majority of independent directors. In terms of equity, Merrill Lynch’s stake is approximately 49%, while PNC Financial Services Group retains an interest of about 34%; the remaining 17% is held by BlackRock employees and the public.

-------------- Either you sling crack rock or you got a wicked jump shot
 

In the time it took the original poster's lazy ass to type his question, he could have gone to yahoo, typed in "BlackRock" and gotten 2.63 million results in .19 seconds and answered his own question in the time it took other people to respond.

How do you expect to determine a viable comp set on your own if you can't even do a simple search for a major firm?? Good luck getting an ib interview, "guy"... errr... "boy."

 

Great name/great reputation and PMG is a great opportunity. A lot of their groups (especially PAG) are more middle-office/programming/systems-oriented.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

As far as financial capabilities, BlackRock is purely Asset Management (there is BlackRock Solutions which is an information systems software that BLK uses and sells to other companies). If you are interviewing there and did not know that you would most definitely want to read their website (even though it's not that great). I interned there last summer (not PAG, but can tell you about that group as well). So if you have any questions that can't be answered from the website then PM me.

 

Any specific group? A company that big's broken up into smaller teams (FI, Equities, Alternatives, etc.).

For Acct. Mgmt.: You'd most likely get a quick training and start off into one of these teams. If you're starting off, you may want to figure out what's more interesting (equity, debt, etc.). Also you'll probably be tracking a bunch of companies for ideas.

For Port. Analytics: I think it's less interesting of a group as you will be responsible for x amount of clients and basically track their performance vs. the benchmark. There's not much imagination involved, just kinda tracking numbers.

Overall, starting off in BR is a great step if you like the industry. Let me know if this is helpful.

 
Best Response

I'm feeling helpful right now. SB me and I'll give you all the questions I got when I interviewed for them a couple years ago

 
BanditPanditI'm feeling helpful right now. SB me and I'll give you all the questions I got when I interviewed for them a couple years ago

Could you provide me with those questions too? I'm really looking at PMG for this summer as my #1 choice. Thanks

 
BanditPanditI'm feeling helpful right now. SB me and I'll give you all the questions I got when I interviewed for them a couple years ago

Sent you a SB. Can you pm it to me?

 
BanditPanditI'm feeling helpful right now. SB me and I'll give you all the questions I got when I interviewed for them a couple years ago
Can you please PM to me too. Thanks
 
BanditPanditI'm feeling helpful right now. SB me and I'll give you all the questions I got when I interviewed for them a couple years ago

Could you provide me with those questions too?

 

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