BlackRock then announced in June that it was buying private markets data provider Preqin in an approximately $3.2 billion deal. The acquisition is targeted to close before the end of the year.

BlackRock has clinched its third big acquisition this year. The world’s largest asset manager is buying HPS Investment Partners in a $12 billion all stock bid to create a leading global credit ...

BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its ...

BLACKROCK senior executive Mark Wiedman’s departure is just the latest sign that the hunt for chief executive officer Larry ...

BlackRock's stock climbed 4.4% in premarket trading after the asset manager's Q4 earnings beat estimates with record inflows ...

Analysts expect the company to report quarterly earnings at $11.38 per share, up from $9.66 per share in the year-ago period.

BlackRock is set to cut around 200 staff as it shifts its focus towards private markets following three landmark acquisitions ...

NEW YORK, December 03, 2024--BlackRock (NYSE: BLK) and HPS Investment Partners ("HPS"), a leading global credit investment manager with approximately $148 billion in client assets, have entered ...

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Wiedman, the head of global client business and 20-year veteran of the firm, is choosing to pursue opportunities outside the ...

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 ...

while the HPS deal should close within the first half. BlackRock's private markets buying spree may not be over, with the asset manager expected to opportunistically expand further in private ...