Asset ManagerRIA · CRD 305515SEC-Registered

Updated:

Black Knight

Black Knight is an SEC-registered investment adviser since 2022. The firm manages $539 million in regulatory assets, with $259 million discretionary.

Black Knight

Black Knight is an SEC-registered investment adviser since 2022. The firm manages $539 million in regulatory assets, with $259 million discretionary. It has 14 employees and 10 investment advisers.

General information

Firm type

Asset Manager

Year founded

2022

Location

Region

North America

Country

United States

City

Jacksonville

Corporate office

Jacksonville, FL, United States

Sector focus

Real EstateEnterprise SoftwareFinTech

Frequently asked questions

Is Black Knight a family office or an investment firm?

No. Black Knight is a commercial technology company that provides software and data services to the mortgage industry. It was acquired by Intercontinental Exchange in 2023 and is now part of ICE Mortgage Technology.

What does Black Knight's software actually do?

Black Knight's products cover the full mortgage lifecycle: loan origination (Encompass), servicing (MSP), real estate listing platforms, customer acquisition tools, settlement and closing technology, and capital markets analytics via McDash and its Home Price Index.

Who owns Black Knight today?

Black Knight is a subsidiary of Intercontinental Exchange (ICE), a publicly traded company on the NYSE under ticker ICE. ICE acquired Black Knight in September 2023 for roughly $13.1B.

Does Black Knight manage capital or have clients that are LPs?

No. Black Knight does not manage client capital. Its customers are mortgage lenders, servicers, real estate agents, and title companies who license its software and data products.

What is the McDash data platform?

McDash is a repository of servicer-contributed, loan-level mortgage data. It is marketed as the largest such dataset in the industry and is used by investors, banks, and government agencies for analytics and modeling.

Were the founders of Black Knight wealthy families?

Black Knight was originally a corporate spinout from Fidelity National Financial, which was founded by William P. Foley II. Foley is a billionaire, but Black Knight itself was not established as a family office. It functioned as a stand-alone public company before the ICE acquisition.

Does Black Knight invest in technology startups?

No publicly disclosed venture or direct investment activity. Black Knight's business is to sell mortgage software and data, not to invest in external companies.

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