Boss Larry Fink is at it again, splashing out on an alternative asset manager. It's risky, but he can afford it.
BlackRock, the world’s largest asset manager, has agreed to acquire HPS Investment Partners for US$12bn in an all-stock deal, accelerating its expansion into private credit markets.
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it ...
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BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said ...