Sources told AR that Fink frequently dropped his father's name and mentioned that his father was a seed investor in his fund during pitches to potential investors.ĪR's profile of Fink and Enso Capital traces its first few years, where the fund had unremarkable returns by investing in myriad stocks, to a disastrous 20, to making a comeback in 2010, before things took a turn of the worse in 2011 again. Despite the fact that Larry Fink advised his son against starting his fund, his name may very well be helping his son stay afloat.

What's keeping Fink going? Well, his father, for one. Since its inception, the fund has returned 2.7% annualized, compared to the MSCI World Index, which has had annualized returns of 5.84%. In 2011, Enso lost 60.5% in 2011-which was, admittedly, a terrible year, but it is also down 7% as of April this year, at a time when most of its peers in global equity funds were turning a profit, according to AR data. 1988, founded BlackRock, a global leader in investment and technology solutions to. Former Member of the Management Committee and a Managing Director, First Boston Corporation. Laurence Douglas Larry Fink (born 1952) BlackRock is the largest money-management firm in the world by assets under management. 1974, BA in Political Science, and 1976, MBA in Real Estate, University of California, Los Angeles. In addition, he makes 24,308,300 as Chairman of the Board and Chief Executive Officer at Blackrock. Fink owns over 16,365 units of Blackrock stock worth over 422,731,855 and over the last 5 years he sold BLK stock worth over 249,022,981. But when you look at the performance of his hedge fund, Enso Capital Management-which Fink started in 2002 with $44 million under management-the opinion on Fink's success and investing talent could be reversed. Chairman and Chief Executive Officer, BlackRock. The estimated Net Worth of Laurence Fink is at least 696 Million dollars as of 2 December 2021.

Laurence d fink