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. BlackRock said Tuesday that ...

An investor group including CVC Capital Partners, General Atlantic, HPS Investment Partners and Leonard Green & Partners is ...

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

Since my previous buy rating, shares of BlackRock have significantly outperformed the S&P 500 index. The asset manager ...

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 on a spending spree. In November, the asset management giant dropped $12 billion to buy private credit firm HPS Investment Partners. And that's just one deal this year. They also ...