BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space. The transaction also creates "an integrated private credit franchise" with about $220 billion in assets,
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 on Tuesday, as the world's largest asset manager seeks to expand in a red-hot market.
BlackRock Scoops Up HPS Investment Partners In $12 Billion Deal
BlackRock has agreed to acquire HPS Investment Partners for nearly $12 billion but the deal has not yet been approved by government agencies.
BlackRock to Acquire HPS Investment Partners to Deliver Integrated Solutions Across Public and Private Markets
BlackRock (NYSE: BLK) and HPS Investment Partners ("HPS"), a leading global credit investment manager with approximately $148 billion in client assets, have entered into a definitive agreement for BlackRock to acquire HPS for approximately $12 billion,
BlackRock’s HPS deal seals Netflix-like strategy
BlackRock , oddly enough, is looking a lot more like a streaming service. The index-fund goliath agreed to buy private lender HPS for $12 billion, to get its hands on the hottest new content to push through its formidable pipes.
BlackRock acquires HPS Investment Partners for $12bn
HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt market to more than double to $4.5tn by 2030.
BlackRock to Acquire HPS Investment Partners for $12 Billion in Equity Deal
In a $12 billion all-equity deal, BlackRock (BLK, Financials) is going to buy HPS Investment Partners, a worldwide credit investment manager. BlackRock's purchase seeks to enhance its private credit products and link them with its $3 trillion public fixed-income platform,
BlackRock To Buy HPS Investment Partners In About $12 Bln Equity Deal
Asset manager Blackrock Inc. (BLK) announced Tuesday its agreement to acquire privately held credit investment manager HPS Investment
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 Kapnick will also be an observer on BlackRock’s boar
BlackRock to acquire HPS Investment Partners for about $12B
BlackRock (BLK) and HPS Investment Partners, a global credit investment manager with approximately $148B in client assets, have entered into a ...
BlackRock to acquire HPS Investment Partners for $12bn
BlackRock and HPS Investment Partners, a global credit investment manager with approximately $148bn in client assets, have ...
HPS Offers Incentives to Retain Staff After Sale to BlackRock
HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...