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BlackRock to buy HPS Investment for $12 billion
BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market
HPS co-founders Scott Kapnick, Scot French, and Michael Patterson are joining BlackRock’s global executive committee while Kapnick will also be an observer on BlackRock’s boar
BlackRock Elbows Into Private Credit Arena With HPS Deal
BlackRock Inc., once seen as punching below its weight in private markets, is shedding that stigma as its purchase of HPS Investment Partners makes it a force in the credit industry, Bloomberg's Sridhar Natarajan says on "Bloomberg .
BlackRock to buy HPS Investment for $12 billion in major private credit push
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.
5h
on MSN
Why BlackRock is turning even more bullish on US stocks for next year
"Comparing today's index to that of the past is like comparing apples to oranges," BlackRock said in an outlook published ...
10h
BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth ...
12h
BlackRock Has $1.3 Billion Pay Pot to Retain New Rainmakers
Larry Fink is shelling out about $25 billion in the space of a year to turn BlackRock Inc. into a top-five player in ...
GlobalData on MSN
15h
BlackRock seals $12bn deal to buy HPS Investment Partners
BlackRock, the world's largest asset manager, has entered an all-stock transaction valued at approximately $12bn to acquire ...
48m
on MSN
Texas Leads 11 States in ESG Suit Against Vanguard, BlackRock, State Street
The states argue that the asset managers conspired to undermine coal production, driving up electricity prices for consumers.
5h
BlackRock’s Boivin Says Global Bonds Favored Over US Treasuries
Investors should favor global bonds over longer-dated US Treasuries, with sticky inflation forcing the Federal Reserve to the ...
9h
BlackRock Investment Institute goes further 'overweight' on U.S. equities
The BlackRock Investment Institute (BII) said on Wednesday that it had gone further "overweight" on U.S. equities as greater ...
4h
BlackRock Inc. stock outperforms competitors despite losses on the day
BlackRock Inc. closed $33.34 short of its 52-week high ($1,068.34), which the company achieved on November 11th.
1d
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 ...
2d
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.
1d
BlackRock Jumps Deeper Into the Private Markets
But this year, BlackRock has been aggressively claiming a major foothold in the private markets. On Tuesday, it made its ...
Opinion
1d
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 ...
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