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BlackRock strikes $12 billion deal for HPS
BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients.
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 $148 billion, the firms announced Tuesday.
BlackRock Acquires Private Credit Manager HPS for $12 Billion
Key Takeaways BlackRock is acquiring HPS Investment Partners in a deal valued at roughly $12 billion.The move to buy HPS is the asset management giant's latest push into the growing world of private credit.
FinanceAsia
22h
BlackRock acquires HPS Investment Partners for $12bn
HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt ...
8h
HPS Offers Incentives to Retain Staff After Sale to BlackRock
HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...
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