Larry Fink, chief executive officer of asset management giant BlackRock, is investing in Washington.
BlackRock began work after last fall’s bailout as a manager of government assets acquired through the Troubled Asset Relief Program, and the firm has signed a deal to buy Barclays’ asset-management business — an acquisition that would make BlackRock by far the world’s largest asset manager.
With all this government-sensitive business going on, BlackRock has lobbied up. In April, BlackRock retained Quinn & Gillespie as its lobbying firm, with Clinton White House Counsel Jack Quinn and former top GOP Senate staffer David Hoppe on the account.
