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BlackRock near deal to buy private credit manager HPS
BlackRock targets private credit growth with $12 billion HPS acquisition
BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday, as the world's largest asset manager seeks to expand in a red-hot market.
BlackRock to Buy HPS for $12 Billion. It’s Going Big on Private Markets.
The all-stock deal adds New York-based HPS, which manages approximately $148 billion in client assets, bolsters BlackRock's position in the private credit market.
Opinion
BlackRock Pays $12 Billion to Catch Up in Private Credit
Boss Larry Fink is at it again, splashing out on an alternative asset manager. It’s risky, but he can afford it.
4h
BlackRock is buying HPS for $12 billion. Here's what's behind Larry Fink's year of blockbuster deals.
BlackRock is set to buy HPS Investment Partners, a private credit behemoth managing $145 billion, according to a report.
Opinion
14m
Opinion
Even BlackRock Is Fleeing Public Markets
The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...
7h
UK Competition Watchdog Looks Into $3.32 Billion Blackrock-Preqin Deal
(Reuters) - Britain's competition regulator said on Tuesday it was considering whether asset management firm BlackRock's 2.55 ...
1d
on MSN
Blackrock's Jay Jacobs on AI infrastructure, megacaps and other ETF themes to watch in 2025
Jay Jacobs, head of U.S. BlackRock Thematic and Active ETFs, joins ‘Halftime Report’ with CNBC’s Bob Pisani to discuss the ...
1d
BlackRock's Growth Could Be Reaching A Ceiling
BlackRock’s ETF growth may have peaked amid market risks. See why BLK stock could face downturns, with high valuations and a ...
1d
on MSN
BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
BlackRock is close to making a $12 billion acquisition that would take it deeper into the world of private credit.
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