BlackRock is acquiring HPS Investment Partners in a deal that could increase its private assets under management to $600 ...
Global investment management company Blackrock has signed up to buy long-standing Ardonagh backer HPS Investment Partners in ...
CEO Larry Fink, 72, aspires to dominate the public and private credit markets. He aims to integrate new colleagues with ...
Acquisition is in BlackRock Inc’s genes. Over the years, it has managed to grow and stay relevant through prescient ...
The wealth giant has announced an $18 billion deal to acquire a leading US-based private credit manager, marking its third ...
Brookfield boss Bruce Flatt is nearly finished picking the low-hanging fruit. He has been reshaping the sprawling $100 ...
Several oil companies secured needle-moving acquisitions, including ConocoPhillips (NYSE: COP) and Devon Energy (NYSE: DVN).
HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...
The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...
BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms ...
The probes focus on Next Level Holdings and Yield Wealth, which offered investors the promise of double-digit returns. The move is part of a broader shift in the bank's power base to the East Coast.
BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.