BlackRock's New Deals Task Fink With Hanging Onto Key Talent.

CHIEF financial officers; SOVEREIGN wealth funds; CHIEF executive officers; FINK, Larry, 1952-; FINANCIAL performance; MARKET capitalization

BlackRock's CEO, Larry Fink, is investing heavily in infrastructure and private credit, with a focus on retaining key talent from recent acquisitions. The firm has set aside significant funds for retention packages and carried interest for new employees. Fink aims to dominate alternative asset markets and integrate new colleagues with expertise in these areas through stock incentives and retention packages. BlackRock's recent acquisitions of HPS Investment Partners and Global Infrastructure Partners mark the firm's push into alternative strategies, with a focus on preserving the strengths of the acquired platforms. [Extracted from the article]

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