Between BlackRock’s existing private assets, those from its acquisition of Global Infrastructure Partners that closed just two months ago, and those from HPS, BlackRock would manage some $410 of overall client assets in the private markets. The firm has expanded into the competitive business of ...
BlackRock expands private market capabilities Read how our recent acquisition of HPS Investment Partners, a global leader in private credit investing, enables us to serve clients across their whole portfolios. Transforming BlackRock for our clients ...
BlackRock expands private market capabilities Read how our recent acquisition of HPS Investment Partners, a global leader in private credit investing, enables us to serve clients across their whole portfolios. Transforming BlackRock for our clients ...
BlackRock expands private market capabilities Read how our recent acquisition of HPS Investment Partners, a global leader in private credit investing, enables us to serve clients across their whole portfolios. Transforming BlackRock for our clients ...
Morgan Stanley notes that BlackRock (BLK) has announced the acquisition of HPS Investment Partners for $12B in an all-stock transaction, further expanding private markets capabilities. The firm sees BlackRock paying about 30-times FRE and mid-20s EBITDA multiple. Morgan Stanley says ...
Read how our recent acquisition of HPS Investment Partners, a global leader in private credit investing, enables us to serve clients across their whole portfolios. Transforming BlackRock for our clients Read more about the changes we’re making to help our clients meet their investment, portfolio,...
when we -- we did not do the HPS acquisition as a singular expansion. You have to overlay the design around buying Preqin and having eFront, and bringing that together and having the ability to provide better data and analytics to these markets to -- and that will then provide much more...
BlackRock has a direct presence in 10 countries. BlackRock has28 subsidiariesincludingAperio Group,BlackRock APACandBlackRock Australia. They are in: Fund76% Energy7% Other17% Acquisition, funding and merger involving BlackRock. BlackRockhas announced the acquisition ofHPS Investment Partners(posted on No...
Financials BlackRock’s $12 Billion Acquisition Bulks Up Private Markets Business Dec. 3, 2024 at 12:45 p.m. ET by Barron's BlackRock near deal to buy private credit manager HPS: report Dec. 2, 2024 at 6:49 a.m. ET by Louis Goss Banks Citi Hires BlackRock’s Kate Moore as ...
Strategic ExpansionExpanding in private credit with a quality manager like HPS is a strategic move for BlackRock and offers a compelling long-term opportunity. Bears Say Earnings ImpactThe acquisition of HPS could be slightly dilutive to BlackRock's earnings per share in the near term. ...