UK competition watchdog looks into $3.32 bln Blackrock-Preqin deal
Britain's competition regulator said on Tuesday it was considering whether asset management firm BlackRock's 2.55 billion pound ($3.23 billion) acquisition of UK data firm Preqin would raise competition concerns in the local market.
BlackRock's $12 billion deal for HPS vaults asset manager into private markets big league
BlackRock will acquire global credit investment manager HPS Investment Partners in a $12 billion deal, marking the giant's latest acquisition in private markets that increases its private credit assets to about $220 billion.
BlackRock acquires HPS for $12 billion, taking it deeper into private credit
BlackRock agrees to make a $12 billion acquisition that will take it deeper into the hottest trade on Wall Street.
BlackRock’s HPS deal seals Netflix-like strategy
BlackRock , oddly enough, is looking a lot more like a streaming service. The index-fund goliath agreed to buy private lender HPS for $12 billion, to get its hands on the hottest new content to push through its formidable pipes.
BlackRock Buying Credit Investment Manager HPS Investment Partners in Approximately $12 Billion Deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients
BlackRock To Buy HPS Investment Partners In About $12 Bln Equity Deal
Asset manager Blackrock Inc. (BLK) announced Tuesday its agreement to acquire privately held credit investment manager HPS Investment
BlackRock Targets Private Credit Growth With $12 Billion HPS Acquisition
The HPS deal, which will create a private credit franchise with about $220 billion in client assets, will also increase BlackRock's private markets fee-paying assets under management and management fees by 40% and about 35%, respectively.
BlackRock Elbows Into Private Credit Arena With HPS Deal
BlackRock Inc., once seen as punching below its weight in private markets, is shedding that stigma as its purchase of HPS Investment Partners makes it a force in the credit industry, Bloomberg's Sridhar Natarajan says on "Bloomberg .
BlackRock to Acquire HPS Investment Partners to Deliver Integrated Solutions Across Public and Private Markets
HPS Investment Partners is a leading global credit investment manager that provides creative capital solutions across $148 billion in client assets -- This combination creates an integrated private credit franchise with $220 billion in client assets -- Expected to increase private markets fee-paying AUM and management fees by 40% and 35%,
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U.K. competition authority requests comments on BlackRock's planned acquisition of Preqin
The U.K.’s competitions watchdog is inviting comments from interested parties on BlackRock ’s deal to buy private markets ...
CMA takes steps towards probe into BlackRock’s acquisition of Preqin
The British competition regulator takes first steps towards a probe into BlackRock's anticipated £2.55bn acquisition of ...
BlackRock’s $12 Billion Acquisition Bulks Up Private Markets Business
The all-stock deal adds New York-based HPS, which manages approximately $148 billion in client assets, bolsters BlackRock's ...
BlackRock Jumps Deeper Into the Private Markets
But this year, BlackRock has been aggressively claiming a major foothold in the private markets. On Tuesday, it made its ...
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Private debt in Saudi Arabia is at an inflection point — Preqin reports
LONDON, Nov. 24, 2024 (GLOBE NEWSWIRE) -- Preqin, the global leader in alternative assets data, tools, and insights, today ...
BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
BlackRock is close to making a $12 billion acquisition that would take it deeper into the world of private credit.
UK Competition Watchdog Looks Into $3.32 Billion Blackrock-Preqin Deal
(Reuters) - Britain's competition regulator said on Tuesday it was considering whether asset management firm BlackRock's 2.55 ...