Opalesque19m
BlackRock to acquire HPS and create private credit franchise
BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.
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BLK's Buyout of HPS Investment: A Leap Into the Private Credit Market
BlackRock Inc. BLK has announced a definitive agreement to acquire HPS Investment Partners for $12 billion in an all-equity ...
BlackRock’s New Deals Task Fink With Hanging Onto Key Talent
Larry Fink is shelling out about $25 billion in the space of a year to turn BlackRock Inc. into a top-five player in ...
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 ...
fingerlakes116h
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 ...
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: ...
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 ...
Morgan Stanley says HPS deal adds fuel to BlackRock private markets growth engine
Morgan Stanley notes that BlackRock (BLK) has announced the acquisition of HPS Investment Partners for $12B in an all-stock transaction, ...
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 ...