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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 HPS for $12 billion, taking it deeper into private credit
BlackRock agreed to make a $12 billion acquisition that will take it deeper into the hottest trade on Wall Street.
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 HPS for $12 billion, to get its hands on the hottest new content to push through its formidable pipes.
1h
Why BlackRock is turning even more bullish on US stocks for next year
"Comparing today's index to that of the past is like comparing apples to oranges," BlackRock said in an outlook published ...
4h
on MSN
BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth ...
GlobalData on MSN
10h
BlackRock seals $12bn deal to buy HPS Investment Partners
BlackRock, the world's largest asset manager, has entered an all-stock transaction valued at approximately $12bn to acquire ...
21h
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 ...
4h
BlackRock Investment Institute goes further 'overweight' on U.S. equities
The BlackRock Investment Institute (BII) said on Wednesday that it had gone further "overweight" on U.S. equities as greater ...
InvestmentNews
4h
BlackRock, Vanguard are split on AI stocks
Voices at the world's two biggest asset managers offer competing outlooks on what's in store for AI-driven equities in 2025 ...
Investor Daily
42m
BlackRock expands alts footprint with $18bn acquisition
The wealth giant has announced an $18 billion deal to acquire a leading US-based private credit manager, marking its third ...
Opinion
1d
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 ...
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