Reported 25 days ago
BlackRock has granted CEO Larry Fink additional pay perks linked to the firm's substantial investment in private markets, recognizing his crucial role in these long-term strategies. Under a new incentive plan, Fink will earn a share of carry distributions from key private investment funds. Despite a pay decline in 2023, Fink remains a significant figure in a rapidly transforming BlackRock, which is investing heavily to enhance its standing in alternative assets.
Source: YAHOO