BlackRock Agrees To Buy Investment Firm HPS In $12bn Deal. BlackRock has agreed to buy HPS Investment Partners in a $12bn deal, as the world’s largest money manager races to expand its share of the fast-growing and lucrative market for alternative assets. Dec 3 (Reuters) - BlackRock (BLK.N), opens new tab has agreed to buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday. The deal ... (Reuters) - BlackRock has agreed to buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday. The deal will give BlackRock a ... BlackRock Inc. agreed to buy HPS Investment Partners in an all-stock deal valued at roughly $12 billion, a purchase that will propel the world’s largest asset manager into the highest ranks of ... BlackRock Inc. is close to an agreement to buy private credit group HPS Investment Partners, as the world’s largest asset manager tries to compete in the fast-growing alternatives space, the...
BlackRock has a handshake deal to buy HPS Investment Partners, as the world’s largest asset manager looks to bolster its alternative investment business with the addition of one of the biggest ... BlackRock has agreed to buy private credit firm HPS Investment Partners. HPS is another major private markets deal for the $11.5 trillion money manager. BlackRock, known for its ETFs, is hoping a ... B lackRock has agreed to buy private credit manager HPS Investment Partners in a roughly $12 billion all-stock deal that would substantially add to its coveted private asset pile.