Blackrock takeover of BGI was like being assimilated by the Borg - IT (Associate) BlackRock Employee Review

2.0
Jun 7, 2011
Recommend
CEO approval
Business Outlook

Pros

1. If you're not the only person left in your team supporting umpteen applications then you can generally get time off whenever you need it.

Cons

1. you will acquire a boring non transferable skill set 2. you will not be given any transferable technical training unless you are willing to do it in your own time and pay for it yourself 3. If you're not a legacy Blackrock employee you have little chance of career development 4. not enough legacy BGI employees left to support the BGI applications 5. management ignore staff who have resigned and are working their notice - in some cases they won't even look at them - bizarre! 6. low morale and a general feeling of hopelessness in the London office

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5.0
Jul 4, 2026
Recommend
CEO approval
Business Outlook

Pros

very diverse and encourage learning and lateral move

Cons

start frequent layoffs after pandemic.

2.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Branding branding branding!!! an incredible brand, and having it on your resume opens some doors but not all.

Cons

The Preqin acquisition never really found its identity after becoming part of BlackRock. It felt like the focus shifted from listening to clients to fitting Preqin into a broader BlackRock strategy. As AI changes how firms access and analyze private market data, simply being a data provider isn’t enough anymore. My impression was that Preqin’s long-term value is likely to come from being integrated into the broader Aladdin ecosystem and APIs, rather than remaining a standalone platform. Leadership would benefit from spending more time listening to customers and the teams on the front lines instead of assuming they already know what the market wants.

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