BlackRock’s HPS deal seals Netflix-like strategy
BlackRock , oddly enough, is looking a lot more like a streaming service. The index-fund goliath agreed to buy private lender ...
BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market
BlackRock has clinched its third big acquisition this year. The world’s largest asset manager is buying HPS Investment ...
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 ...
BlackRock Makes $12 Billion Power Move - Agrees To Acquire HPS To Bolster Private Credit Offerings
BlackRock, Inc. (NYSE:BLK) shares are trading higher today. The company disclosed a definitive agreement to acquire 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 ...
BlackRock Scoops Up HPS Investment Partners In $12 Billion Deal
BlackRock has agreed to acquire HPS Investment Partners for nearly $12 billion but the deal has not yet been approved by ...
BlackRock acquires HPS for $12 billion in major bet on private credit
BlackRock Strikes $12 Billion Deal for HPS, Doubling Down on Wall Street’s Hottest Market ...
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 ...
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 ...
BlackRock agrees to snap up HPS in $12B all-stock deal
The agreement, set for completion in mid-2025, will see the private credit firm's founders lead a new unit to advance ...
BlackRock agrees to buy investment firm HPS in $12bn deal
BlackRock has agreed to buy HPS Investment Partners in a $12bn deal, as the world’s largest money manager races to expand its share of the fast-growing and lucrative market for private investments.
BlackRock to buy private credit manager HPS for $12 billion
BlackRock Inc. said Tuesday it’s buying private credit manager HPS Investment Partners, which has $148 billion in client assets, in an all-stock deal for $12 billion. New York City-based BlackRock ...