The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 ...

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

The commercial net lease company holds investments in 122 properties across more than half of the country’s states.

BlackRock pushed deeper into private markets Monday with the acquisition of commercial real estate firm ElmTree Funds.

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 deepens its private credit push with HPS acquisition, targeting $400B in private markets fundraising by 2030.

The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history ...

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 ...

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.

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 ...