(Bloomberg) -- BlackRock Inc. is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as it seeks to become a major force in ...
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 ...
(RTTNews) - Asset manager Blackrock Inc. (BLK) announced Tuesday its agreement to acquire privately held credit investment manager HPS Investment Partners LLC for approximately $12 billion in equity.
An investor group including CVC Capital Partners, General Atlantic, HPS Investment Partners and Leonard Green & Partners is ...
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 ...