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 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 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 ...

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 ...

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 ...