Michael Patterson, founding partner of HPS Investment Partners, said his firm came close to going public before ultimately ...

BlackRock Inc. is planning to roll out a series of new private markets funds for retail investors following its $12 billion ...

Larry Fink's BlackRock has bet big on private markets and tech services as the firm's next growth engines. The asset manager closed the final of its three major acquisitions, private credit firm HPS, ...

The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at the private credit giant realized one of their investments had gone horribly wrong. HPS ...

BlackRock's Q2 2025 showed strong revenue and AUM growth, despite an earnings miss, supporting my Buy rating and double-digit growth outlook for the year. Strategic acquisitions of HPS Investment ...

As part of its goal to raise $400 billion for private markets by 2030, BlackRock BLK has signed a definitive agreement to acquire ElmTree Funds, a St. Louis–based real estate investment firm ...

BlackRock struck a deal to acquire ElmTree Funds, a St. Louis-based net-lease real estate investment firm managing $7.3 billion in assets. The investment giant will pay primarily in stock upfront with ...