Michael Patterson, founding partner of HPS Investment Partners, said his firm came close to going public before ultimately ...
BlackRock Inc. on Tuesday played up its blockbuster $12 billion acquisition of HPS Investment Partners as a way for it to offer new private-credit products to its large pool of wealthy clients, as the ...
BlackRock (NYSE:BLK) is reshaping its huge fixed-income division around new investment strategies and artificial intelligence, as the unit's leveraged finance business is integrated from the company's ...
The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at the private credit giant realized one of their investments had gone horribly wrong. HPS ...
Larry Fink's BlackRock has bet big on private markets and tech services as the firm's next growth engines. The asset manager closed the final of its three major acquisitions, private credit firm HPS, ...
BlackRock (BLK) has seen its stock take investors on a ride recently, with the share price moving in different directions over the past month. What is behind these latest shifts, and what are ...
STA is only part of BlackRock’s wider hedge fund business, which has about $90bn in client assets, making it one of the biggest hedge fund platforms in the world. BlackRock has increasingly been ...