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 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.
Opinion
BlackRock Pays $12 Billion to Catch Up in Private Credit
Boss Larry Fink is at it again, splashing out on an alternative asset manager. It’s risky, but he can afford it.
BlackRock goes deeper into private credit with $12 billion HPS pact
BlackRock agrees to make a $12 billion acquisition that will take it deeper into the hottest trade on Wall Street.
Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.
BlackRock strikes $12 bln deal for private credit firm HPS Investment
BlackRock has agreed to buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday.
BlackRock Acquires Private Credit Manager HPS for $12 Billion
BlackRock has agreed to acquire private credit firm HPS Investment Partners in a deal valuing the company at about $12 billion, as BlackRock continues its push into the growing sector.
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
BlackRock said Tuesday it will acquire HPS Investment Partners for $12 billion in stock, as the world's largest asset manager looks to grow its presence in the highly popular private credit space.
BlackRock to Buy HPS for $12 Billion. It’s Going Big on Private Markets.
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, HPS to form new private financing solutions business unit
BlackRock (BLK) and HPS will form a new private financing solutions business unit led by Scott Kapnick, Scot French, and Michael Patterson.
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 $145 billion, according to a report.
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 ...
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 ...
UK Competition Watchdog Looks Into $3.32 Billion Blackrock-Preqin Deal
(Reuters) - Britain's competition regulator said on Tuesday it was considering whether asset management firm BlackRock's 2.55 ...
Blackrock's Jay Jacobs on AI infrastructure, megacaps and other ETF themes to watch in 2025
Jay Jacobs, head of U.S. BlackRock Thematic and Active ETFs, joins ‘Halftime Report’ with CNBC’s Bob Pisani to discuss the ...
BlackRock's Growth Could Be Reaching A Ceiling
BlackRock’s ETF growth may have peaked amid market risks. See why BLK stock could face downturns, with high valuations and a ...