Blockonomi

BlackRock (BLK) Stock Plunges 6% After $25M Loan Write-Off Exposes Private Credit Vulnerabilities

BlackRock (BLK) stock fell 6% after writing off a $25M loan and facing $1.2B in redemption requests, exposing stress in the ...
BeInCrypto

BlackRock Locks Exit Door on $26 Billion Fund — Why Bitcoin & Ethereum Traders Should Care

BlackRock’s withdrawal cap in a private credit fund raises liquidity concerns over selling pressure in BTC and ETH as ...
AOL

Why BlackRock isn't worried about rising defaults as it dives into private credit

BlackRock isn't seeing any cockroaches scurrying out of its private credit portfolio yet. The $14 trillion asset manager has become a major player in the private lending space after it acquired ...
Bloomberg L.P.

BlackRock’s HPS Plots New ‘H Series’ Private Funds for Retail

BlackRock Inc. is planning to roll out a series of new private markets funds for retail investors following its $12 billion acquisition of credit specialist HPS Investment Partners. The company is ...
Reuters

US probes telecom firms after BlackRock's HPS uncovers alleged $400M fraud, Financial Times reports

Nov 17 (Reuters) - U.S. prosecutors are probing a group of telecoms firms after BlackRock's (BLK.N), opens new tab private credit arm, HPS Investment Partners, said it lent them over $400 million ...