贝莱德（BlackRock）11.5 万亿的崛起记

Core Insights - BlackRock has emerged as a dominant player in the global financial landscape, managing over $11.5 trillion in assets and holding stakes in more than 3,000 publicly listed companies across various sectors, including technology and renewable energy [1][3][33]. Group 1: Company History and Evolution - The company was founded by Larry Fink and a team of seven in 1988, initially focusing on creating a robust risk management system known as Aladdin, which has since become a cornerstone of its operations [15][19]. - BlackRock's rise from a startup to a financial powerhouse is marked by strategic decisions, including the acquisition of Merrill Lynch's asset management business in 2006, which significantly increased its assets under management [21]. - The 2008 financial crisis was pivotal for BlackRock, as it played a crucial role in assessing toxic assets for the U.S. government and managing significant financial institutions during the crisis [23][26]. Group 2: Technological and Strategic Innovations - The Aladdin system, developed by BlackRock, utilizes vast data and precise models to enhance risk management, replacing traditional methods reliant on trader experience [17][36]. - The company has expanded its influence beyond asset management, actively participating in shareholder meetings of major corporations like Microsoft and Apple, thereby impacting significant corporate decisions [33]. Group 3: Market Position and Influence - BlackRock's acquisition of Barclays Global Investors in 2009 positioned it as a leader in the U.S. ETF market, controlling approximately 40% of the market share [29]. - The firm has established itself as a key player in the financial ecosystem, with its assets under management exceeding the GDP of the United States, highlighting its substantial market influence [33][42].