The deal, paid entirely in shares, strengthens the position of the world's largest asset manager in private credit ...
The agreement, set for completion in mid-2025, will see the private credit firm's founders lead a new unit to advance ...
BlackRock (BLK) and HPS will form a new private financing solutions business unit led by Scott Kapnick, Scot French, and Michael Patterson.
The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.
BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said ...
BlackRock has agreed to acquire HPS Investment Partners, a global credit investment manager, for around $12 billion, with 100 percent of consideration paid in BlackRock equity. New York-based HPS has ...
BlackRock is set to buy HPS Investment Partners, a private credit behemoth managing $145 billion, according to a report.
BlackRock is buying HPS Investment Partners for $12 billion. Here's why BLK is strengthening its footprint in private credit.
BlackRock agrees to make a $12 billion acquisition that will take it deeper into the hottest trade on Wall Street.