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BlackRock Jumps Deeper Into Private Markets
BlackRock’s $12 Billion Acquisition Bulks Up Private Markets Business
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.
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 latest push, announcing a deal to buy HPS Investment Partners — a firm that specializes in making private loans to companies — for roughly $12 billion.
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.
31m
South Korea’s Markets Wobble as Investors Assess Its Political Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of ...
7h
on MSN
2025 is certain to be uncertain in the markets, says Northwestern Mutual's Brent Schutte
Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management and Michael Farr, president and CEO of Farr, ...
19h
Most Gulf markets gain as oil prices rise
Most stock markets in the Gulf were up in early trading on Tuesday as oil prices rose, while escalating tensions in the ...
19h
on MSN
Tencent’s ‘Path of Exile 2’ Tops PC Game Charts in Major Markets
Tencent Holdings Ltd. has a potential new hit on its hands with Path of Exile 2, a game set to release on Friday.
4h
on MSN
Stock market today: Wall Street inches higher to set more records
U.S. stocks tiptoed to more records after a quiet day of trading. The S&P 500 edged up by 2 points, or less than 0.1%, on ...
1d
Most Gulf markets end flat on regional tensions
Most stock markets in the Gulf finished flat on Monday amid tensions in the Middle East as Israel resumed attacks on Lebanon ...
4d
on MSN
Mounting risks in a $14 trillion corner of financial markets are a threat to economic stability, research firm says
Private markets are finding quick fixes to avoid debt defaults, but those carry risks that could destabilize the whole system ...
2d
The Japanese Yen Is Flashing A Major Warning To Global Markets
The Japanese yen is strengthening as markets anticipate a Bank of Japan rate hike, potentially causing global market ...
26m
Stock Market LIVE Updates: GIFT Nifty signals slow start for India markets; Asian markets decline
Investors in the domestic market are likely to test the recent strength in frontline Indian equity benchmark indices ...
4h
How South Korea’s whirlwind stint of martial law jolted markets
The iShares MSCI South Korea exchange-traded fund sank as much as 7.1 per cent in US trading, while London-listed shares of ...
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