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BlackRock strikes $12 billion deal for 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 Buys Credit Firm HPS in $12 Billion All-Stock Deal
BlackRock Inc. agreed to buy HPS Investment Partners in an all-stock deal valued at roughly $12 billion, a purchase that will propel the world’s largest asset manager into the highest ranks of private credit.
BlackRock agrees to snap up HPS in $12B all-stock deal
The agreement, set for completion in mid-2025, will see the private credit firm's founders lead a new unit to advance BlackRock's alternatives agenda.
2d
BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
BlackRock is close to making a $12 billion acquisition that would take it deeper into the world of private credit.
cryptoglobe
1d
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.
The Independent Singapore
10h
GIC and Swedish firm partner to acquire majority stake in British energy company
The deal involves purchasing stakes from BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company ...
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