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Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm

May 9 2025 // The yet-to-be-named firm will launch with more than $1 billion in initial equity commitments and aims to manage $10 billion in liabilities, backed by partnerships with BlackRock and Abu Dhabi-based asset manager Lunate,...

British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing

Apr 15 2025 // British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage.The firm, which offers...

BlackRock Plans for Texas ETF Amid Its Push Into Lone Star State

Apr 1 2025 // BlackRock Inc. is going even bigger in Texas.The world’s biggest asset manager applied for the iShares Texas Equity exchange-traded fund, according to a Friday filing with the Securities and Exchange Commission. The...

Investor Climate Group Suspends Activities After BlackRock Exit: Reuters Exclusive

Jan 14 2025 // A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world’s biggest investor, left amid a...

BlackRock Leaves Major Climate Group Amid Wall Street Exodus

Jan 10 2025 // BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for its efforts on global warming.The money manager has decided to leave the Net...

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