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BlackRock, HPS
BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market
HPS co-founders Scott Kapnick, Scot French, and Michael Patterson are joining BlackRock’s global executive committee while Kapnick will also be an observer on BlackRock’s boar
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 Strikes $12 Billion Deal for HPS, Pushing Into Hot Market
BlackRock agreed to buy private credit manager HPS Investment Partners in a roughly $12 billion all-stock deal that will substantially add to its private asset pile. Learn more:
14h
Larry Fink’s billionaire factory
Plus, global macro hedge funds make a killing on US presidential election bets and another scandal hits Nomura ...
The New Republic on MSN
8h
Republicans’ War on ESG Has Reached New Heights of Stupidity
Coal is dying because of wokeness, says Texas Attorney General Ken Paxton, and Blackrock and Vanguard are filled with ...
2d
Wall Street Breakfast Podcast: Tavares Exits As Stellantis Sales Slump
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
Sydney Morning Herald
1d
The Republicans declare war on multibillion-dollar Wall Street giants
Larry Fink’s
BlackRock
argues that the suggestion it invested in companies ... In 2021, Texas banned a number of the major ...
6d
BlackRock, Vanguard Accused of Antitrust Violations by Texas (4)
BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking ...
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