BlackRock Pledges to Add Jobs in New York

Governor David Paterson

New York Gov. David A. Paterson announced that BlackRock, Inc., the world’s largest asset management firm, has committed to have 1,530 jobs in New York by the end of 2010 and create an additional 200 jobs in the state by the end of 2015.

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide.  The company has approximately 8,900 employees in 24 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia, the Middle East and Africa.

“I am pleased to join BlackRock in announcing this expansion of good paying financial services jobs in New York City,” Paterson said. “BlackRock, as the world’s largest asset manager, will be a vital ally as we continue to create jobs and fuel New York’s economic engine.”

New York City Mayor Michael R. Bloomberg added: “BlackRock’s commitment to add several hundred jobs is the latest vote of confidence from the private sector in the City’s future and another sign that the financial sector is recovering and creating jobs.”