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Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
BlackRock, Inc. (Chain 1)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 1)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 1)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 1)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 1)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 1)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 1)
BlackRock (Singapore) Holdco Pte. Ltd.
BlackRock, Inc. (Chain 1)
BlackRock HK Holdco Limited
BlackRock, Inc. (Chain 1)
BlackRock Lux Finco S.a.r.l.
BlackRock, Inc. (Chain 1)
BlackRock Japan Holdings GK
BlackRock, Inc. (Chain 1)
BlackRock Japan Co., Ltd.
BlackRock, Inc. (Chain 2)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 2)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 2)
Trident Merger, LLC
BlackRock, Inc. (Chain 2)
BlackRock Investment Management, LLC
BlackRock, Inc. (Chain 3)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 3)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 3)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 3)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 3)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 3)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 3)
BlackRock Holdco 3, LLC
BlackRock, Inc. (Chain 3)
BlackRock Cayman 1 LP
BlackRock, Inc. (Chain 3)
BlackRock Cayman West Bay Finco Limited
BlackRock, Inc. (Chain 3)
BlackRock Cayman West Bay IV Limited
BlackRock, Inc. (Chain 3)
BlackRock Group Limited
BlackRock, Inc. (Chain 3)
BlackRock Finance Europe Limited
BlackRock, Inc. (Chain 3)
BlackRock Investment Management (UK) Limited
8.120000
0.500000
8.630000%
BlackRock, Inc. (Chain 4)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 4)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 4)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 4)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 4)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 4)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 4)
BlackRock Australia Holdco Pty. Ltd.
BlackRock, Inc. (Chain 4)
BlackRock Investment Management (Australia) Limited
BlackRock, Inc. (Chain 5)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 5)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 5)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 5)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 5)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 5)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 5)
BlackRock Holdco 3, LLC
BlackRock, Inc. (Chain 5)
BlackRock Cayman 1 LP
BlackRock, Inc. (Chain 5)
BlackRock Cayman West Bay Finco Limited
BlackRock, Inc. (Chain 5)
BlackRock Cayman West Bay IV Limited
BlackRock, Inc. (Chain 5)
BlackRock Group Limited
BlackRock, Inc. (Chain 5)
BlackRock International Limited
BlackRock, Inc. (Chain 6)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 6)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 6)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 6)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 6)
BlackRock Holdco 4, LLC
BlackRock, Inc. (Chain 6)
BlackRock Holdco 6, LLC
BlackRock, Inc. (Chain 6)
BlackRock Delaware Holdings Inc.
BlackRock, Inc. (Chain 6)
BlackRock Institutional Trust Company, National Association
BlackRock, Inc. (Chain 7)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 7)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 7)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 7)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 7)
BlackRock Holdco 4, LLC
BlackRock, Inc. (Chain 7)
BlackRock Holdco 6, LLC
BlackRock, Inc. (Chain 7)
BlackRock Delaware Holdings Inc.
BlackRock, Inc. (Chain 7)
BlackRock Fund Advisors
BlackRock, Inc. (Chain 8)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 8)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 8)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 8)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 9)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 9)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 9)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 9)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 9)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 9)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 9)
BlackRock (Singapore) Holdco Pte. Ltd.
BlackRock, Inc. (Chain 9)
BlackRock HK Holdco Limited
BlackRock, Inc. (Chain 9)
BlackRock Asset Management North Asia Limited
BlackRock, Inc. (Chain 10)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 10)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 10)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 10)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 10)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 10)
BlackRock Canada Holdings ULC
BlackRock, Inc. (Chain 10)
BlackRock Asset Management Canada Limited
BlackRock, Inc. (Chain 11)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 11)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 11)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 11)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 11)
BlackRock Capital Holdings, Inc.
BlackRock, Inc. (Chain 11)
BlackRock Advisors, LLC
BlackRock, Inc. (Chain 12)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 12)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 12)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 12)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 12)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 12)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 12)
BlackRock Holdco 3, LLC
BlackRock, Inc. (Chain 12)
BlackRock Cayman 1 LP
BlackRock, Inc. (Chain 12)
BlackRock Cayman West Bay Finco Limited
BlackRock, Inc. (Chain 12)
BlackRock Cayman West Bay IV Limited
BlackRock, Inc. (Chain 12)
BlackRock Group Limited
BlackRock, Inc. (Chain 12)
BlackRock Finance Europe Limited
BlackRock, Inc. (Chain 12)
BlackRock Advisors (UK) Limited
BlackRock, Inc. (Chain 13)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 13)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 13)
BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 13)
BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 13)
BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 13)
BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 13)
BlackRock (Singapore) Holdco Pte. Ltd.
BlackRock, Inc. (Chain 13)
BlackRock (Singapore) Limited
BlackRock, Inc. (Chain 14)
BlackRock Saturn Subco, LLC
BlackRock, Inc. (Chain 14)
BlackRock Finance, Inc.
BlackRock, Inc. (Chain 14)
Trident Merger, LLC
BlackRock, Inc. (Chain 14)
BlackRock Investment Management, LLC
BlackRock, Inc. (Chain 14)
Amethyst Intermediate, LLC
BlackRock, Inc. (Chain 14)
Aperio Holdings, LLC
BlackRock, Inc. (Chain 14)
Aperio Group, LLC
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BlackRock Inc., a behemoth in the asset management sector, operates a complex organizational structure reflecting its global reach and diverse investment strategies. A closer examination of BlackRock’s subsidiaries and their voting rights unveils the intricate nature of its control and influence.
A recent assessment reveals a multi-layered network of controlled entities, a testament to BlackRock’s expansive operations. The company’s structure is not merely a collection of subsidiaries but rather a carefully orchestrated chain of command designed to optimize management and investment strategies across various geographical regions and asset classes.
Key Findings:
* Multiple Chains of Control: The data highlights a minimum of 14 distinct “chains” through which BlackRock exerts control. These chains represent hierarchical relationships, with BlackRock, Inc. at the apex, overseeing numerous levels of subsidiaries.
* Global Span: The controlled undertakings extend far beyond the United States, with significant presence in Europe (UK, Luxembourg), Asia (Singapore, Hong Kong, Japan), and Australia, indicating a sophisticated, globally integrated operational model.
* Strategic Holdings: The prevalence of “Holdco” (Holding Company) entities within these chains suggests a strategic focus on investment and asset management across various markets. These holding companies likely serve as conduits for BlackRock’s investments, facilitating portfolio diversification and risk management.
* Voting Rights: While much of the data lacks specific percentage figures for voting rights, the existence of these chains implies that BlackRock holds significant, if not majority, voting control in these entities. BlackRock Investment Management (UK) Limited, for instance, holds 8.12% of voting rights directly and an additional 0.5% through financial instruments, bringing the total to 8.63%. This suggests targeted control where strategic influence is prioritized.
Technical and Commercial Analysis:
BlackRock’s organizational structure is more than a simple corporate hierarchy; it’s a deliberate architecture designed to achieve several key objectives:
* Regulatory Compliance: By distributing control through multiple entities, BlackRock can navigate varying regulatory environments across different jurisdictions. This allows for greater flexibility in operations and minimizes the impact of localized regulations.
* Tax Optimization: Holding companies are often utilized to optimize tax liabilities, leveraging favorable tax treaties and regulations in different countries. This can significantly enhance BlackRock’s profitability and returns on investment.
* Specialized Management: Different subsidiaries allow for specialized management teams tailored to specific asset classes or geographical regions. This localized expertise can lead to superior investment performance.
* Risk Mitigation: Diversifying control across multiple entities can help mitigate risk. If one subsidiary faces challenges, the impact on the overall organization is minimized.
* Technological Integration: Behind this complex structure lies a sophisticated technological infrastructure. BlackRock’s Aladdin platform, a proprietary investment operating system, integrates data and analytics across all subsidiaries, providing a unified view of the company’s global portfolio. This enables real-time risk assessment, portfolio optimization, and performance monitoring.
Future Outlook:
BlackRock’s strategy of global expansion and diversification will likely continue to shape its organizational structure. Expect further investments in technology to streamline operations and enhance efficiency across its vast network of subsidiaries. Increased regulatory scrutiny may also lead to adjustments in its control mechanisms to ensure compliance and transparency. This structure underscores BlackRock’s capacity to manage a diverse investment portfolio while adapting to the intricacies of global financial markets.
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Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/9852.html