Acquisition is in BlackRock Inc’s genes. Over the years, it has managed to grow and stay relevant through prescient ...
The wealth giant has announced an $18 billion deal to acquire a leading US-based private credit manager, marking its third ...
HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...
The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...
BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms ...
The probes focus on Next Level Holdings and Yield Wealth, which offered investors the promise of double-digit returns. The move is part of a broader shift in the bank's power base to the East Coast.
BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.
BlackRock’s top themes for 2025 can be summed up in two sentences: Next year will be turbulent. “We are staying pro-risk and ...
Across the purchases of private credit firm HPS Investment Partners and Global Infrastructure Partners this year, BlackRock ...
US-based asset manager BlackRock is to acquire private credit manager HPS Investment Partners, one of the largest US private ...
BlackRock agrees to acquire HPS Investment for $12 billion in an all-equity deal, marking its deeper investment in the ...
HPS currently manages about US$148bn in assets, while BlackRock oversees US$11.5tn as of the third quarter. The transaction ...