The world’s largest asset manager said Monday it is acquiring ElmTree Funds, a firm that manages $7.3 billion of assets, for ...

ElmTree Funds will be acquired by BlackRock in a stock trade that's expected to close in the third quarter, giving the firm ...

Asset manager BlackRock is reportedly nearing the acquisition of HPS Investment Partners, a private credit firm in the US. The deal, which is said to be in the region of $12bn, is part of ...

BlackRock, Inc. (NYSE: BLK) and HPS Investment Partners (HPS) today announced the successful completion of BlackRock’s acquisition of HPS.

BlackRock's acquisition of HPS Investment Partners, a highly specialized private credit firm with approximately $148 billion in AUM, is a pivotal moment in its ongoing evolution.

BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday, as the world's largest asset manager seeks to expand in a ...

Adding the $148 billion in what we assume are all fee-earning assets at HPS would take BlackRock to $523 billion in fee-earning AUM, more on par with narrow-moat-rated Apollo Global Management ...