The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · in

AUM grew $10.0T -> $15.3T (2023->2026) via record net inflows + acquisitions (GIP ~$100B AUM 2024, HPS ~$150B+ private credit 2025); Q2-2026 record net inflows

med confidence · as of 2026-07-26 · about BlackRock

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the working

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to BlackRock.