HPS Offers Incentives to Retain Staff After Sale to BlackRock
HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...
BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market
BlackRock has clinched its third big acquisition this year. The world’s largest asset manager is buying HPS Investment ...
BlackRock Jumps Deeper Into the Private Markets
But this year, BlackRock has been aggressively claiming a major foothold in the private markets. On Tuesday, it made its ...
BlackRock targets private credit growth with $12 billion HPS acquisition
BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said ...
BlackRock seals $12B HPS deal
BlackRock boss Larry Fink is keen to reproduce the company's success as the world's largest asset manager in the private ...
Pensions&Investments5h
BlackRock has $1.3 billion pay pot to retain new rainmakers after acquisition spree
Across the purchases of private credit firm HPS Investment Partners and Global Infrastructure Partners this year, BlackRock ...
FinanceAsia17h
BlackRock acquires HPS Investment Partners for $12bn
HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt ...
WealthManagement.com4h
Even BlackRock Is Fleeing Public Markets
The $11.5 trillion money manager’s recent acquisitions reflect investors’ boredom with stocks and bonds and a desire for ...
Opalesque4h
BlackRock to acquire HPS and create private credit franchise
BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.
corporate-adviser.com4h
BlackRock expands into private markets with $12bn HPS acquisition
BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms ...
BlackRock price target raised to $1,200 from $1,090 at Wells Fargo
Wells Fargo raised the firm’s price target on BlackRock (BLK) to $1,200 from $1,090 and keeps an Overweight rating on the shares following HPS ...