News

The world’s largest asset manager said Monday it is acquiring ElmTree Funds, a firm that manages $7.3 billion of assets, for ...
Fresh off HPS acquisition, BlackRock snaps up $7.3B ElmTree Funds The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 ...
Participation notification by BlackRock Inc. Brussels, Belgium – July 09, 2025 - 8:30 CESTAccording to Belgian transparency ...
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 ...
HPS's core strategies—SIP, SLF, CSL, and HLEND—will retain their branding under the new name HPS, a part of BlackRock. BLK currently trades at $1,054.27 or 0.48% higher on the NYSE.
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 ...