- Summary & Methodology
- Industry Trends
- Transition Manager League Tables
- Transition Manager Profiles
- Abel Noser, LLC
- BlackRock
- BTIG, LLC
- Citigroup Global Markets Inc.
- Macquarie Group Ltd.
- Northern Trust Investments, Inc.
- Pavilion Global Markets Ltd.
- Russell Investments
- State Street Global Markets
Past Surveys
Transition Manager Profiles
BlackRock
https://www.blackrock.com/institutions/en-us/solutions/transition-management
Summary of Offering
The BlackRock Transition Management team was established in 1993, as one of the world’s first providers of dedicated transition management services. BlackRock’s Transition Management team consists of over 60 professionals located in San Francisco, New York, London, Amsterdam, Budapest, Hong Kong and Tokyo, all operating on a single global technology platform, Aladdin. Its goal is to manage transitions cost-effectively and with minimal disruption to portfolios. BlackRock offers a full suite of transition services from comprehensive cost analysis to advisory services and interim management, to transition service management.
Client Restrictions: None reported
Business Summary (as of 09/30/2020)
| Total TM clients | NR |
| Total TM mandates | NR |
| Total assets transitioned ($USD) | NR |
Regions with Clients that Completed TM Events (2019-2020)
| U.S. | |
| Canada | |
| U.K. | |
| Continental Europe and Republic of Ireland | |
| Asia | |
| Australia | |
| All other locations |
Summary of Client Feedback from 2020 Survey
| Total respondents | 19 |
| Net recommendation/promoter score | 74% |
| % independently audited | 16% |
| % accepted fiduciary role over event | 79% |
Responses by transition type
| Principal | 5% |
| Agency | 68% |
| Hybrid | 26% |
Responses by value of securities transitioned
| <$50MM | 0% |
| $50MM – $250MM | 5% |
| >$250MM – $1B | 37% |
| >$1B – $3B | 26% |
| >$3B | 32% |
Client ratings
5 = Extremely satisfied; 1 = Unsatisfied
| Transition strategies and planning capabilities | 4.89 |
| Operational capabilities and trading quality | 4.68 |
| Risk management capabilities | 4.74 |
| Quality/transparency of reporting | 4.84 |
| Accuracy of pre-trade estimate | 4.58 |
| Transparency of disclosures | 4.68 |
| Overall project management | 4.74 |
| Knowledge/responsiveness of staff | 4.84 |
NR = Not Reported in time for publication
N/A = Not Applicable (providers needed a minimum of 10 responses to be rated)
N/A = Not Applicable (providers needed a minimum of 10 responses to be rated)