BlackRock vs Davidson Kempner Capital Management

A side-by-side comparison of BlackRock and Davidson Kempner Capital Management across firm type, scale, strategy, and geography.

Scale comparison

BlackRock$13.89T
Davidson Kempner Capital Management$46.6B
Insight

BlackRock manages roughly 298.1× the assets of the other firm.

Asset-class exposure

Private Equity
Private Credit
Real Estate
Infrastructure
Left bar: BlackRockRight bar: Davidson Kempner Capital Management
Insight

No overlapping asset classes — these firms operate in entirely separate markets.

Key observations

  • BlackRock is the largest by AUM at $13.89T — 298.07× Davidson Kempner Capital Management ($46.6B).
  • Davidson Kempner Capital Management is the most established (founded 1983), 5 years before BlackRock (1988).
  • Davidson Kempner Capital Management has the broadest mandate — active across 6 asset classes vs 4 for BlackRock.
  • All 2 firms invest in Private Equity, Private Credit, Real Estate, +1 more.
  • Davidson Kempner Capital Management is the only one here in Hedge Funds & Fixed Income.
  • All 2 are headquartered in United States.
  • BlackRock's network is more connected (72/100 vs 43/100), indicating broader relationship diversity.
  • • Overall similarity is 25%, driven by 4 shared asset classes, adjacent AUM band, same country.
25%Similarity score4 shared asset classes · adjacent AUM band · same country
BlackRockDavidson Kempner Capital Management
Basics
Firm typeAsset ManagerAsset Manager
CountryUnited StatesUnited States
Founded19881983
Firm age38 yrs43 yrs
RolesGp, AdvisorGp
Scale & AUM
AUM$13.89T$46.6B
Market positionMega ($500B+)Large ($20–100B)
AUM ratio298.1× larger
Strategy & Focus
Investment styleMulti-assetMulti-asset
DiversificationDiversifiedBroad
Asset classesprivate equity, private credit, real estate, infrastructureprivate equity, private credit, real estate, hedge funds, infrastructure, fixed income
Shared asset classes4: private equity, private credit, real estate, infrastructure
Geography
Geographic biasEuropeNorth America
RegionsNorth America, Europe, Asia, OceaniaNorth America, Europe, Asia, Global
Shared geographiesNorth America, Europe, Asia
Fund Portfolio
Published funds254
Largest fundGlobal Infrastructure Partners Fund VDavidson Kempner Opportunities Fund VI
Vintage range2020–20252023–2026
Fund statusesFundraising (10), Closed (15)Fundraising (1), Investing (2), Closed (1)
Team
Total contacts312
Team-to-AUM ratio0.0 per $B0.3 per $B
Network & Relationships
Connectivity72/10043/100
Network strength65/10013/100
Relationships547
Relationship densityVery highModerate
Network maturityEmergingEmerging
Similarity
Overall similarity25%
Asset class overlap67%
Geography overlap27%

Frequently asked

What is the difference between BlackRock and Davidson Kempner Capital Management?

BlackRock is a asset manager based in United States, while Davidson Kempner Capital Management is a asset manager based in United States. This page compares their firm type, assets under management, strategies, and geographic focus.

Which is larger, BlackRock or Davidson Kempner Capital Management?

By reported AUM, BlackRock is larger ($13.89T vs $46.6B).

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