BlackRock to buy Aperio for $1.05 billion from Golden Gate Capital, employees

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The world's largest asset manager BlackRock Inc said on Monday it will buy Aperio Group LLC, an investment management services provider, from private equity firm Golden Gate Capital and Aperio employees for $1.05 billion in cash.

FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018

BlackRock said the deal will boost its separately managed account assets by roughly 30% to over $160 billion.

 

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The beast keeps growing!

Are they headquartered in Wilmington DE ?

can you tell us what blackrock is not buying back?

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Aperio Spritzer

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