Registry · BLK
Does BlackRock, Inc. support Israel?
Yes — BlackRock, Inc. has documented support for Israel on record. 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 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 support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 2016 | — | 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 — partly to tap Israeli engineering talent for its Aladdin technology platform — appointed former Bank Hapoalim deputy CEO Anath Levin as Israel country head in 2019, and markets iShares ETFs listed in Israel to local institutional and retail investors. | |
| Acquisition | 2023-06 | — | 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 statement | 2023-10 | — | 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, Inc. donate money to Israel or Israeli causes?
We have no records of cash donations, but BlackRock, Inc. has documented support of other kinds (Operations in Israel, Acquisition, Public statement). See the records on this page.
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. 9 distinct sources are cited for BlackRock, Inc.. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2023-10
- BlackRock in Israel (official) blackrock.com
- Bloomberg bloomberg.com
- Globes en.globes.co.il
- Times of Israel timesofisrael.com
- SEC — BlackRock 10-K Exhibit 21.1 (subsidiaries) sec.gov
- Larry Fink (LinkedIn post) linkedin.com
- Fox Business foxbusiness.com
- Al Jazeera (2025 UN report on corporate investors) aljazeera.com
- iShares MSCI Israel ETF (EIS) — product page blackrock.com