[teevolt]

I think Blackrock was a spinoff from Blackstone. Similar to JPMorgan and Morgan Stanley.

[rb22982]

I think Blackrock was a spinoff from Blackstone. Similar to JPMorgan and Morgan Stanley.

Sigh, no it was not. Blackrock is a firm that focuses on low cost, passive investments primarily for 401ks and IRAs. It manages over $10 Trillion, overwhelming majority are retail investors retirement accounts, largely invested in public market equities that trade on the NYSE or Nasdaq. Blackstone is and has always been large private equity investments for the super wealthy and has traditionally invested in real estate and owns primarily private companies and investments and do not trade in the open market.

[Syncro]

Thanks for the info