On December 5th, Jinshi data reported that Larry Fink, CEO of BlackRock (BLK.N), plans to invest about $25 billion within a year to make BlackRock one of the top five institutions in the infrastructure and private credit fields. Now, he is focused on retaining the latest talents who have opened up new territories for the company. In addition to acquiring private credit companies HPS Investment Partners and Global Infrastructure Partners this year, BlackRock has allocated $1.33 billion for talent retention, about $1 million per new employee. All of this is to ensure a return on Fink’s record-breaking acquisition spree. As CEO for a long time, Fink’s main task now is to ensure that dealmakers who build their careers in small private companies have reasons to stay at the world’s largest asset management company.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
