BlackRock Organizational Structure & Org Chart

BlackRock, Inc. organizational chart

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BlackRock, Inc.'s reporting structure as of 2026-11. Drag to pan, scroll to zoom — or open it in QueryChart and edit it as your own.

About the company

BlackRock describes itself as a leading publicly traded investment management firm with $14.0 trillion of assets under management at December 31, 2025. Its 2025 Form 10-K says the consolidated company is a single operating segment, consistent with internal management reporting. That means there is no published divisional hierarchy to copy, and this page organizes the disclosed product and technology lines instead.

Three acquisitions reshaped the platform. BlackRock bought Global Infrastructure Partners in October 2024, Preqin in March 2025 for about 3.2 billion dollars in cash, and HPS Investment Partners on July 1, 2025, followed by ElmTree Funds in September 2025. After the HPS closing, GIP and HPS became wholly owned subsidiaries of a consolidated subsidiary called Subco.

One platform, four product and technology lines

The filing describes alpha-seeking active, private markets, index and cash management strategies across asset classes. Products reach clients through mutual funds, iShares exchange-traded funds, separate accounts and other pooled vehicles. iShares is the largest single brand: BlackRock reports 5.5 trillion dollars of iShares ETF assets and 527 billion dollars of ETF net inflows in 2025.

Private markets is the newest line, combining GIP infrastructure, HPS credit and ElmTree real estate with existing alternatives. The technology and subscription line covers Aladdin, Aladdin Wealth, eFront, Preqin and Cachematrix, and generated about 2.0 billion dollars of revenue in 2025, partly from Preqin.

BlackRock also states a regionally focused model that uses global investment, risk and technology platforms with local distribution. Management layers such as the Global Executive Committee, chaired by Robert Kapito according to the 2026 proxy, run across these lines. Because there is one segment, all lines share the same chart without legal ownership claims.

Key leadership roles

1. Laurence D. Fink

   Chairman and Chief Executive Officer

2. Robert S. Kapito

   President

3. Robert L. Goldstein

   Chief Operating Officer

4. Martin S. Small

   Chief Financial Officer and Global Head of Corporate Strategy

5. J. Richard Kushel

   Head of Portfolio Management Group

How this structure supports the business

A platform view fits a company that reports one segment: readers see how ETFs, active strategies, private markets and Aladdin technology sit side by side and share scale. Compared with Charles Schwab or Morgan Stanley, BlackRock has no large retail bank or brokerage to chart.

Dating each acquisition shows why private markets and data suddenly matter, and stops readers from treating GIP, HPS or Preqin as separate listed companies.

Advantages and disadvantages

Product and technology lines explain the business without inventing divisions the filing does not report.

Investment teams, distribution and risk functions cut across these lines and are not shown as boxes.

Naming the 2024-2025 acquisitions gives the chart a clear date and rationale.

Integration is ongoing, and brands or leadership of acquired units may change after this review.

Interesting facts

• BlackRock managed 14.0 trillion dollars at December 31, 2025.
• It reports one operating segment in its 2025 Form 10-K.
• iShares ETF assets were 5.5 trillion dollars at year end.
• The HPS acquisition closed on July 1, 2025.
• GAAP total revenue was 24,216 million dollars in 2025, up from 20,407 million in 2024.

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Frequently asked questions

Does BlackRock have separate business segments?

No. The 2025 Form 10-K says it has a single operating segment, so this chart groups disclosed product and technology lines.

What did BlackRock acquire in 2024 and 2025?

GIP in October 2024, Preqin in March 2025, HPS on July 1, 2025 and ElmTree Funds in September 2025.

What is Aladdin?

The filing names Aladdin as BlackRock's investment and risk management technology platform, part of its technology and subscription services.

Who are BlackRock's named executives?

The 2026 proxy statement names Larry Fink, Robert Kapito, Robert Goldstein, Martin Small and Richard Kushel.

Use this org chart template

Open the dated BlackRock business map in QueryChart and adapt the editable groups to your own organization.

Use this org chart