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

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

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

ElmTree Funds will be acquired by BlackRock in a stock trade that's expected to close in the third quarter, giving the firm ...

BlackRock, Inc. (NYSE: BLK) and HPS Investment Partners (HPS) today announced the successful completion of BlackRock’s acquisition of HPS. Private credit is reshaping financial markets and ...

A bond trader himself, Fink built BlackRock on fixed income, and HPS is at the forefront of how that business is changing. Rick Rieder, who heads up BlackRock’s roughly $3-trillion fixed income ...