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BlackRock strikes $12 billion deal for HPS
BlackRock Has $1.3 Billion Pay Pot to Retain New Rainmakers
Larry Fink is shelling out about $25 billion in the space of a year to turn BlackRock Inc. into a top-five player in infrastructure and private credit. Now he’s focused on enticing the firm’s newest rainmakers to stay on board.
BlackRock is buying HPS for $12 billion. Here's what's behind Larry Fink's year of blockbuster deals.
BlackRock is set to buy HPS Investment Partners, a private-credit behemoth managing $148 billion, the firms announced Tuesday.
BlackRock seals $12bn deal to buy HPS Investment Partners
BlackRock, the world's largest asset manager, has entered an all-stock transaction valued at approximately $12bn to acquire private credit manager HPS Investment Partners. This move is set to create an integrated private credit franchise with $220bn in client assets.
6h
on MSN
Why BlackRock is turning even more bullish on US stocks for next year
"Comparing today's index to that of the past is like comparing apples to oranges," BlackRock said in an outlook published ...
11h
BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth ...
1h
on MSN
Texas Leads 11 States in ESG Suit Against Vanguard, BlackRock, State Street
The states argue that the asset managers conspired to undermine coal production, driving up electricity prices for consumers.
4h
BlackRock Inc. stock outperforms competitors despite losses on the day
BlackRock Inc. closed $33.34 short of its 52-week high ($1,068.34), which the company achieved on November 11th.
5h
BlackRock’s Boivin Says Global Bonds Favored Over US Treasuries
Investors should favor global bonds over longer-dated US Treasuries, with sticky inflation forcing the Federal Reserve to the ...
1d
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 ...
9h
BlackRock Investment Institute goes further 'overweight' on U.S. equities
The BlackRock Investment Institute (BII) said on Wednesday that it had gone further "overweight" on U.S. equities as greater ...
Opinion
1d
Opinion
Even BlackRock Is Fleeing Public Markets
The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...
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