Blake Grossman was the chief executive officer of

Barclays Global Investors BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$11.5trillion i ...

, the investment management arm of

Barclays Bank Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...

, the

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

financial institution.

Biography

Blake Grossman is a native of

Canoga Park Canoga Park is a neighborhood in the San Fernando Valley region of the City of Los Angeles, California. Before the Mexican–American War, the district was part of a rancho, and after the American victory it was converted into wheat farms and ...

, California (outside of Los Angeles). He earned his master's degree in economics from Stanford in 1985, where he studied under William Sharpe, the

Nobel Prize The Nobel Prizes ( ; ; ) are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred N ...

-winning economist. He was the Chief Executive Officer of Barclays Global Investors, the institutional asset management subsidiary of Barclays PLC. In June it was announced that

BlackRock BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager ...

Inc had reached an agreement to acquire Barclays Global Investors. Upon closing of that transaction, Grossman became a Vice Chairman of

, overseeing the firms Index and Scientific Active investment business, only to leave one year later.Bhaktavatsalam, Sree Vidya
Blackrocks Blake Grossman will leave Firm one year after BGI Acquisition
January 2011, bloomberg.com. Retrieved February 2011

References

Barclays people Living people Year of birth missing (living people) {{US-business-bio-stub