December 4, 2024

Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS

 Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS

Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS

In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.