Robert S. Kapito

Robert Steven Kapito (born February 8, 1957)[1] is an American businessman and investor. He is a founder and President of the New York City-based investment management firm, BlackRock.[2][3][4]

Rob Kapito, April 2010 (as guest) with Larry Fink receiving Woodrow Wilson Award for corporate citizenship at ceremony in New York City

Early life and education

Born into a Jewish family,[5][6] Kapito earned an MBA from Harvard Business School in Boston, Massachusetts (HBS) in 1983 after completing a BS degree in Economics from the Wharton School of the University of Pennsylvania. Kapito met his wife Ellen when she was a student at the University of Pennsylvania School of Nursing.[7]

Career

Kapito joined First Boston in 1979 after graduating from the Wharton School of the University of Pennsylvania and started in the Public Finance Department.[8] He met his future business partner, Laurence D. Fink, at First Boston where they were instrumental in pioneering the mortgage-backed security market in the United States.[8]

Kapito left First Boston to complete his MBA degree and returned to the firm in 1983 in the Mortgage Products Group.[8] In 1988, Kapito left First Boston along with Laurence D. Fink and founded BlackRock under the umbrella of the private equity firm Blackstone Group where they joined as partners.[8]

Kapito serves as a member of the Board of Trustees of the Wharton School of the University of Pennsylvania[9] and as a member of a Harvard Kennedy School Executive Education Faculty.[10] He is also President of the Board of Directors for the Hope & Heroes Children's Cancer Fund and President of the Board of Directors for Periwinkle Theatre for Youth, a national non-profit arts-in-education organization.

Kapito serves as a member of the Board of Trustees of the Joseph H. Lookstein Ramaz School, is the recipient of 2009 Joseph Wharton Leadership Award and the 2010 Semper Fidelis Award from the Marine Corps-Law Enforcement Foundation. In 2012, he received the Gustave L. Levy Award from the United Jewish Appeal Federation of New York for his donations.[11]

Notes
  1. https://www.companiesintheuk.co.uk/director/926979/robert-kapito
  2. "CBS This Morning: President of Blackrock Robert Kapito". CBS.
  3. DE LA MERCED, MICHAEL J. "BlackRock Elevates Executives in Succession Planning Move". New York Times.
  4. Tully, Shawn. "Inside the trillionaires' club". Fortune.
  5. Chemi Shalev (Dec 12, 2012). "An evening of affluence and influence with the Jewish wizards of Wall Street". Haaretz. Retrieved 29 May 2014.
  6. "Wall Street leaders raise $23M at UJA event". Ynet. Retrieved 29 May 2014.
  7. "Born to heal". Jewishstandard.timesofisrael.com. Retrieved 12 April 2017.
  8. "BlackRock Is Remaking the Capital Markets". Institutional Investor. Retrieved 2019-04-15.
  9. "Robert S. Kapito, BlackRock President and Director, to Keynote Wharton School MBA Commencement". Archived from the original on 2010-04-30.
  10. "Harvard Kennedy School Executive Education Faculty: Robert S. Kapito".
  11. Alden, William (December 11, 2012). "Wall Street Titans Toast Philanthropy at UJA-Federation Dinner". DealBook. Retrieved 29 October 2013.
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