BlackRock to buy private credit manager HPS for $12 billion
BlackRock Inc. said Tuesday it’s buying private credit manager HPS Investment Partners, which has $148 billion in client assets, in an all-stock deal for $12 billion. New York City-based BlackRock (NYSE: BLK) said the combination will create a private credit entity with more than $220 billion in client assets.
BlackRock has agreed to buy private credit manager HPS Investment Partners in a roughly $12 billion all-stock deal that would ...
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BlackRock is buying HPS Investment Partners for $12 billion. Here's why BLK is strengthening its footprint in private credit.
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