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BlackRock near deal to buy private credit manager HPS
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 Strikes $12 Billion Deal for HPS, Pushing Into Hot Market
BlackRock agreed to buy private credit manager HPS Investment Partners in a roughly $12 billion all-stock deal that will substantially add to its private asset pile. Learn more:
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.
9h
Larry Fink’s billionaire factory
Plus, global macro hedge funds make a killing on US presidential election bets and another scandal hits Nomura ...
Sydney Morning Herald
1d
The Republicans declare war on multibillion-dollar Wall Street giants
Larry Fink’s
BlackRock
argues that the suggestion it invested in companies ... In 2021, Texas banned a number of the major ...
2d
Wall Street Breakfast Podcast: Tavares Exits As Stellantis Sales Slump
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
1d
The Republicans declare war on ‘woke’ Wall Street billionaires
Even before Donald Trump has returned to the White House and the Republicans take control of Congress, things are heating up.
Think Advisor
6d
BlackRock, Vanguard and State Street Sued by 11 States
Texas and other states allege the asset managers broke antitrust laws by boosting electricity prices through their investments.
newsbytesapp.com
1d
IIT-Madras student bags ₹4.3cr job offer from Wall Street firm
Madras student has bagged a pre-placement offer (PPO) worth over ₹4.3 crore from Jane Street, a top Wall Street trading firm.
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