‘Mega forces' including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock said
U.S. stocks could open on a weak note on Thursday after the averages closed at a record high on Wednesday. Futures of all three major indices were marginally down on Thursday, pointing to cautious sen
Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Federated Hermes (FHI) and BlackRock Finance (BLK). But which of these two stocks presen
BlackRock agrees to acquire HPS Investment for $12 billion in an all-equity deal, marking its deeper investment in the booming private credit market.
NEW YORK--(BUSINESS WIRE)--Today, BlackRock expanded its active ETF offering with the launch of the iShares International Country Rotation Active ETF (CORO). Designed as a model building block, CORO c
BlackRock Inc (NYSE:BLK) has agreed to acquire HPS Investment Partners in a $12 billion deal, marking a significant expansion into private credit markets. The acquisition includes $9.3 billion in Blac
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S. government debt levels could threaten its u
CNBC's Leslie Picker reports on the world of private credit.

Why BlackRock Buying HPS Makes Sense

09:39am, Tuesday, 03'rd Dec 2024
BlackRock is acquiring HPS Investment Partners in an all-stock deal valued at roughly $12 billion. Sridhar Natarajan has more on "Bloomberg Open Interest.
BlackRock Inc (NYSE:BLK) has unveiled a $12 billion deal to buy New York-based investment manager HPS. HPS has $148 billion in client assets and is among those to dominate the private credit sector.
BlackRock Inc (NYSE: BLK) announced plans of spending $12 billion on buying HPS Investment Partners to expand its footprint in private credit on Tuesday. The HPS acquisition will push alternative asse
BlackRock (BLK) has agreed to acquire private credit firm HPS Investment Partners in a deal valuing the company at about $12 billion, as BlackRock continues its push into the growing sector.
CNBC's Leslie Picker joins 'Squawk Box' with the latest news.
Britain's competition regulator said on Tuesday it was considering whether asset management firm BlackRock's 2.55 billion pound ($3.23 billion) acquisition of UK data firm Preqin would raise competiti
The all-stock deal adds New York-based HPS, which manages approximately $148 billion in client assets, bolsters BlackRock's position in the private credit market.
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