BlackRock has agreed to buy private credit manager HPS Investment Partners for $12 billion in stock. Why it matters: This would make BlackRock one of the largest players in one of Wall Street's ...
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 Credit: AP Credit ...
At the same time, BlackRock is also seeking inorganic growth in the private markets with billion-dollar acquisitions of HPS Investment Partners and Global Infrastructure Partners. As discussed ...