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BlackRock is close to making a $12 billion acquisition that would take it deeper into the world of private credit.

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BlackRock, the world’s largest asset manager, is reportedly on the cusp of a deal to acquire HPS Investment Partners for more ...

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The asset management behemoth is continuing its alternatives push with the acquisition reportedly valuing HPS at $12 billion.

The news could be announced as soon as this week, with BlackRock paying HPS a mix of cash and stock, per Bloomberg, citing ...