BlackRock has clinched its third big acquisition this year. The world’s largest asset manager is buying HPS Investment ...

HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...

HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt ...

Across the purchases of private credit firm HPS Investment Partners and Global Infrastructure Partners this year, BlackRock ...

BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.

The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...

Larry Fink is shelling out about $25 billion in the space of a year to turn BlackRock Inc. into a top-five player in ...

BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms ...

Wells Fargo raised the firm’s price target on BlackRock (BLK) to $1,200 from $1,090 and keeps an Overweight rating on the shares following HPS ...

HPS currently manages about US$148bn in assets, while BlackRock oversees US$11.5tn as of the third quarter. The transaction ...

The wealth giant has announced an $18 billion deal to acquire a leading US-based private credit manager, marking its third ...

BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth ...