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 $145 billion, according to a report.
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BlackRock agrees to snap up HPS in $12B all-stock deal
The agreement, set for completion in mid-2025, will see the private credit firm's founders lead a new unit to advance ...
Texas Attorney General Ken Paxton sues BlackRock, State Street and Vanguard to protect coal
Texas Attorney General Ken Paxton sues BlackRock, State Street and Vanguard and hires the attorney who defended him against ...
BlackRock, HPS to form new private financing solutions business unit
BlackRock (BLK) and HPS will form a new private financing solutions business unit led by Scott Kapnick, Scot French, and Michael Patterson.
BlackRock’s Bitcoin ETF tops 500K BTC holdings worth $48B
BlackRock said the ETF allows investors to have Bitcoin exposure without operational, tax and custody complexities.
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BlackRock’s Bitcoin ETF (IBIT) Now Holds Over 500,000 BTC
BlackRock's IBIT now holds over 500,000 BTC worth $48 billion, solidifying its position as the third-largest holder globally.
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 ...
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BlackRock to buy HPS Investment Partners for $12bn
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 ...
Why is BlackRock spending billions to expand in private credit
BlackRock is buying HPS Investment Partners for $12 billion. Here's why BLK is strengthening its footprint in private credit.