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 ...
Former Grayscale CEO Joins Blockchain Firm as Chief Operating Officer
Michael Sonnenshein, the former chief executive of crypto asset manager Grayscale Investments, has resurfaced as the chief ...
BlackRock’s $12B Purchase Of HPS Wrecks The ‘Easy Money’ Fed Narrative
Real prices always and everywhere intrude on vain interventions by central bankers whom to many take far too literally.
Wall Street Lunch: TikTok Appeals To Court On Forced Sale Ruling
TikTok and parent ByteDance (BDNCE) asked an appeals court to put a temporary block on a law that would force the sale of the ...
BlackRock Strikes $12 Billion Deal for HPS, Doubling Down on Wall Street’s Hottest Market
The deal would give Chief Executive Larry Fink a significant foothold in what is now one of the hottest markets on Wall ...
BlackRock Acquires Private Credit Manager HPS for $12 Billion
BlackRock has agreed to acquire private credit firm HPS Investment Partners in a deal valuing the company at about $12 ...
Yahoo Finance10d
BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
BlackRock (BLK) is close to making a $12 billion bet that would take it deeper into the hottest trade on Wall Street: private credit. The world’s largest money manager is discussing a deal to ...
Wall Street Breakfast Podcast: Tavares Exits As Stellantis Sales Slump
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
BlackRock Strikes $12 Billion Deal for HPS, Betting Big on Wall Street’s Hottest Market
As a public company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) provides quarterly updates about its performance. In the ...
Wall Street Journal8d
BlackRock Strikes $12 Billion Deal for HPS, Betting Big on Wall Street’s Hottest Market
The acquisition would give Chief Executive Larry Fink a significant foothold in what is now one of the hottest markets on Wall Street. Fink has given priority to expanding BlackRock’s private ...