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Does BlackRock support Israel?

BlackRock, Inc.

Statement on recordupdated 2026-09-26

BlackRock has publicly expressed support for Israel, but we found no record of donations or aid. Every claim below links to its source.

Filed under: Banks & financial companies · Companies that support Israel

Background

BlackRock appears on boycott lists mainly because its funds rank among the largest shareholders of defense contractors and Israeli-listed companies. Those positions are overwhelmingly held through index and exchange-traded funds that BlackRock manages on behalf of clients — passive investing that mechanically tracks market benchmarks (including the iShares MSCI Israel ETF) — not corporate donations or discretionary support, though BlackRock does earn management fees on them. A 2025 UN report named BlackRock and Vanguard as the main institutional investors behind several companies it listed, which reflects this asset-manager role. BlackRock's documented corporate actions are the ones listed above: its Israel office, the Deep Instinct funding round its managed funds led, the Kreos Capital acquisition, and its CEO's post-October 7 statements.

Al Jazeera (2025 UN report on corporate investors) iShares MSCI Israel ETF (EIS) — product page

Timeline of documented records

201720182019202020212022202320242016 — Operations in Israel: Israel operations (Tel Aviv office and local funds business)Operations in Israel20162021-04 — Investment / program: Deep Instinct (Israeli cybersecurity company)Investment / program2021-042023-06 — Acquisition: Kreos Capital (venture-debt lender to Israeli and European startups)Acquisition2023-062023-10 — Public statement: Israel (post-October 7 statements by CEO Larry Fink)Public statement2023-10

Documented records

TypeDateAmountRecipientSources
Operations in Israel2016—Israel operations (Tel Aviv office and local funds business)
BlackRock says it has been "operating in Israel since 2016"; it opened a Tel Aviv office in July 2017 — hiring seven staff, including engineers, partly to tap Israeli technology talent for the firm's global platform — appointed Anath Levin, formerly CEO of Migdal Insurance and Financial Holdings and a division head at Bank Hapoalim, as Israel country head in September 2019 (replacing founding country head Alex Pollak), and markets iShares ETFs listed in Israel to local institutional and retail investors.
Investment / program2021-04-22—Deep Instinct (Israeli cybersecurity company)
Funds and accounts managed by BlackRock led the $100 million Series D round of Deep Instinct, an Israeli cybersecurity company, announced by Deep Instinct on April 22, 2021; Untitled Investments, The Tudor Group, an investment by Anne Wojcicki and existing investors including Millennium, Unbound and Coatue Management also took part. The $100 million is the round total, not BlackRock's own stake, which was not disclosed, and the money is client capital BlackRock manages rather than its own. Deep Instinct said the entire sum went to the company and none of it to buying out existing shareholders, and CEO Guy Caspi told Calcalist that about $70 million would go to sales and marketing in the US, Europe and Japan and the remainder to expanding the company's Israeli centre, which then held 150 of its 250 employees. A commercial investment in an Israeli company, not a donation.
Acquisition2023-06—Kreos Capital (venture-debt lender to Israeli and European startups)
Announced on June 8, 2023 the acquisition of Kreos Capital, a venture-debt firm that has provided €5.7 billion in financing to more than 570 European and Israeli high-growth companies, with roughly a quarter of its operations based in Israel (borrowers have included Gett and SolarEdge). BlackRock's 10-K subsidiary list now includes Kreos Capital Israel Ltd., incorporated in Israel.
Public statement2023-10—Israel (post-October 7 statements by CEO Larry Fink)
Days after October 7, CEO Larry Fink posted that he was "absolutely devastated by the horrific acts of terrorism committed in Israel," adding "there are no words for the kidnapping and the murder of so many innocent people." On Fox Business on October 17 he said he was "outraged" and "horrified by the images" from Israel, agreed there was no moral equivalence with the October 7 attack, and said "the world needs to get back its moral compass." These are the CEO's statements, not corporate donations.

Frequently asked questions

Did BlackRock donate money to Israel or Israeli causes?

We have no records of donations. What is on record is a public statement of support — see this page for the wording and its source.

Where does this information come from?

Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 11 distinct sources are cited for BlackRock. Our methodology page explains the full verification process.

Sources & citations

Record last updated: 2026-09-26

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