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 ...
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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Startup simplifying solar, battery, and EV charging connection secures funding
ConnectDER has secured $35 million in Series D funding to support its meter socket adapter (MSA) business, which integrates ...
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Western Asset names new CEO after SEC probe, outflows besiege fund firm
The firm is shaking up its leadership amid allegations from the SEC and Justice Department that its fallen star manager Ken ...
UK competition watchdog looks into $3.32 billion Blackrock-Preqin deal
Britain's competition regulator said on Tuesday it was considering whether asset management firm BlackRock's 2.55 billion ...
Here's how investors will be affected by BlackRock's $12 billion purchase of private-credit provider HPS
BlackRock Inc. on Tuesday played up its blockbuster $12 billion acquisition of HPS Investment Partners as a way for it to offer new private-credit products to its large pool of wealthy clients, as the ...
BlackRock: HPS Acquisition Boosts Firm’s Private-Market Capabilities
As we noted late last week, breaking news about BlackRock BLK closing in on its acquisition of HPS didn’t surprise us. HPS, ...
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Q&A: Dhruv Nagrath on the Outlook for Fixed-Income ETFs
How the election of Donald Trump, the prospect of further rate cuts and other macroeconomic factors affect fixed-income ...
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 ...
Tech Moves: Ex-Google director unveils investment management firm; Treasury4 names new CFO
Manny Sainani, founder, CEO and engineer at hushh.ai and chief investment officer for Hushh Technologies. (LinkedIn Photo) -- ...
Skadden, Clifford Chance Lead BlackRock's Big Private Credit Buy
In October, BlackRock completed a $12.5 billion purchase of Global Infrastructure Partners, making it one of the largest ...
BlackRock to buy private credit manager HPS for $12 billion
BlackRock Inc. said Tuesday it’s buying private credit manager HPS Investment Partners, which has $148 billion in client assets, in an all-stock deal for $12 billion. New York City-based BlackRock ...