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 ...
BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market
BlackRock has clinched its third big acquisition this year. The world’s largest asset manager is buying HPS Investment ...
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 ...
BlackRock Jumps Deeper Into the Private Markets
But this year, BlackRock has been aggressively claiming a major foothold in the private markets. On Tuesday, it made its ...
BlackRock seals $12B HPS deal
BlackRock boss Larry Fink is keen to reproduce the company's success as the world's largest asset manager in the private ...
Pensions&Investments3h
BlackRock has $1.3 billion pay pot to retain new rainmakers after acquisition spree
Across the purchases of private credit firm HPS Investment Partners and Global Infrastructure Partners this year, BlackRock ...
WealthManagement.com2h
Even BlackRock Is Fleeing Public Markets
The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...
Opalesque3h
BlackRock to acquire HPS and create private credit franchise
BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.
BlackRock price target raised to $1,200 from $1,090 at Wells Fargo
Wells Fargo raised the firm’s price target on BlackRock (BLK) to $1,200 from $1,090 and keeps an Overweight rating on the shares following HPS ...
corporate-adviser.com2h
BlackRock expands into private markets with $12bn HPS acquisition
BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms ...
Nikkei Asia18h
BlackRock targets private credit growth with $12bn HPS acquisition
(Reuters) -- BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the ...
wealthprofessional.ca5h
BlackRock plans US$12bn acquisition to expand private credit
HPS currently manages about US$148bn in assets, while BlackRock oversees US$11.5tn as of the third quarter. The transaction ...