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 ...
CNBC Daily Open: U.S. stocks began December chilly, but will probably warm up soon
December may have triggered the thawing of Mariah Carey, but stocks are beginning the month chilly, though unlikely they’ll ...
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 ...
fingerlakes14h
BlackRock Eyes $12 Billion Bet on Private Credit Boom
BlackRock is nearing a $12 billion acquisition of HPS Investment Partners, signaling a deeper move into private credit, one ...
BlackRock seals $12B HPS deal
BlackRock boss Larry Fink is keen to reproduce the company's success as the world's largest asset manager in the private ...
Financials Down Despite Deal Activity -- Financials Roundup
Shares of banks and other financial institutions fell, giving back some of their recent gains despite deal activity.
marketinference6h
BlackRock Acquires HPS Investment Partners for $12 Billion
Blackrock (NYSE: BLK) has announced its acquisition of HPS Investment Partners, a global credit investment manager with ...
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: ...
S&P, Nasdaq tack onto their all-time highs; Musk blockbuster pay deal denied again
McCormick concluded in January that Musk engineered the pay deal in sham negotiations with directors who were not independent ...
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 ...
Financial Advisor7h
Larry Fink Is Making A New Generation Of Billionaires Richer Than Him
As Larry Fink drives BlackRock Inc. deeper into private markets, he keeps adding new billionaires to the asset-management giant’s roster — and making them all richer than he is in the process.
Earthquake of magnitude 5.6 strikes northern Philippines, GFZ says
A magnitude 5.6 earthquake struck the northern Philippines on Wednesday, the German Research Centre for Geosciences (GFZ) said, as authorities warned of damage and aftershock from the tremor.