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
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 alternative bets.
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.
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.
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 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 near deal to buy private credit manager HPS: report
BlackRock, the world’s largest asset manager, is reportedly on the cusp of a deal to acquire HPS Investment Partners for more than $12 billion
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.
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 ...
cryptoglobe1h
BlackRock’s iShares Bitcoin Trust ETF Now Holds $48 Billion in BTC
The world’s largest asset manager BlackRock has quickly become a major player in the cryptocurrency space after the U.S.
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 ...