Rob Kapito

Rob Kapito

Founder at BLACKROCK, INC.

Net worth: 171 M $ as of 2024-06-29

67 year
Miscellaneous
Finance
Consumer Services

Profile

Robert Steven Kapito (born February 8, 1957) Kapito earned an MBA from Harvard Business School in Cambridge, Massachusetts (HBS) in 1983 after completing a BS degree in Economics from the Wharton School of the University of Pennsylvania. Kapito met his wife Ellen when she was a student at the University of Pennsylvania School of Nursing.

Career
Kapito joined First Boston in 1979 after graduating from the Wharton School of the University of Pennsylvania and started in the Public Finance Department. He was fortuitous in meeting his future business partner, Laurence D. Fink at First Boston where they were instrumental in pioneering the mortgage-backed security market in the United States.

Kapito left First Boston to complete his MBA degree and returned to the firm in 1983 in the Mortgage Products Group. In 1982, Kapito worked as a strategic consultant with Bain & Co. and with two private companies in Europe.

Kapito eventually served at Head of Trading and Vice President of the mortgage-backed security Products Group.

In 1988, Kapito left First Boston along with Laurence D. Fink and founded BlackRock under the umbrella of the private equity firm Blackstone Group where they joined as partners. In 1992, BlackRock was spun out from Blackstone and became an independent company.

Today, BlackRock is the world's largest asset management firm with over $3.5 trillion in assets under management. BlackRock currently manages over $3.5 trillion of assets across equity, fixed income, real estate, liquidity and alternative strategies. Through BlackRock Solutions, the Firm provides risk management and enterprise investment services for approximately $9 trillion of assets.

Today Kapito is President and a Director of BlackRock, is Chairman of the Global Operating Committee, a member of the Global Executive Committee, and Chairman of the Americas Executive Committee. He is responsible for day-to-day oversight of BlackRock's key operating units, including the Portfolio Management, Alternative Investment, Global Client Group, Risk & Quantitative Analysis and BlackRock Solutions. Mr. Kapito is also a Director of iShares Inc.

Prior to assuming his current responsibilities in 2007, Kapito served as Head of BlackRock's Portfolio Management Group. In this role, he was responsible for overseeing all portfolio management within BlackRock, including the Fixed Income, Equity, Liquidity, and Alternative Investment Groups.

Kapito serves as a member of the Board of Trustees of the Wharton School of the University of Pennsylvania and as a member of a Harvard Kennedy School Executive Education Faculty. He is also President of the Board of Directors for the Hope & Heroes Children's Cancer Fund and President of the Board of Directors for Periwinkle Theatre for Youth, a national non-profit arts-in-education organization.

Kapito serves as a member of the Board of Trustees of the Joseph H. Lookstein Ramaz School, is the recipient of 2009 Joseph Wharton Leadership Award and the 2010 Semper Fidelis Award from the Marine Corps-Law Enforcement Foundation. In 2012, he received the Gustave L. Levy Award from the United Jewish Appeal Federation of New York for his donations.



Source @ Wikipedia

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
2024-03-27 217,127 ( 0.15% ) 171 M $ 2024-06-29

Rob Kapito active positions

CompaniesPositionStart
BLACKROCK, INC. Founder 1987-12-31
President -
Founder 1984-09-19
President -
Chairman -
iShares Trust Director/Board Member 2008-12-31
Periwinkle Theatre For Youth Chairman 1982-12-31
Hope & Heroes Children's Cancer Fund Chairman 2001-12-31
University of Pennsylvania Director/Board Member 2008-12-31
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All active positions of Rob Kapito

Former positions of Rob Kapito

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See the detail of Rob Kapito's experience

Training of Rob Kapito

Harvard Business School Masters Business Admin
The Wharton School of the University of Pennsylvania Undergraduate Degree

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

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Connections

100 +

1st degree connections

23

1st degree companies

Male

Female

Members of the board

Executives

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Linked companies

Listed companies1
BLACKROCK, INC.

Finance

Private companies19

Finance

Miscellaneous

BlackRock Preferred Opportunity Trust

Miscellaneous

Miscellaneous

Miscellaneous

Miscellaneous

Miscellaneous

First Boston Corp.

Finance

Finance

Commercial Services

Finance

Miscellaneous

Hope & Heroes Children's Cancer Fund

Periwinkle Theatre For Youth

iShares Trust

Miscellaneous

Miscellaneous

Commercial Services

Finance

Finance

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