Perella Weinberg's Bob Steel talks about his history with Larry Fink, BlackRock's expansion into alternative assets, and why ...

In my opinion, BlackRock is a long-term buy due to its market share and ability ... private markets with billion-dollar acquisitions of HPS Investment Partners and Global Infrastructure Partners.

Larry Fink built BlackRock into an asset management titan with the help of canny dealmaking that caught hold of a huge shift ...

In addition, it agreed to buy Preqin and HPS Investment Partners in 2024. Contrary to popular belief, BlackRock doesn't directly own shares in major corporations, single-family homes, or ...

Analyst Michael Cyprys from Morgan Stanley reiterated a Buy rating ... like GIP and HPS enhances confidence in their sustainable growth potential. Furthermore, BlackRock is well-positioned to ...

BlackRock's quarterly results complete a banner year for the asset manager, which has sought to strengthen its position in rapidly growing private markets. It spent about $25 billion last year on ...

On Tuesday, TD Cowen maintained a Buy rating on BlackRock Inc. (NYSE ... notably the purchase of HPS Investment Partners for $12 billion. This acquisition is set to significantly enhance ...

while the HPS deal should close within the first half. BlackRock's private markets buying spree may not be over, with the asset manager expected to opportunistically expand further in private ...

Its US$12 billion purchase of private-credit shop HPS Investment Partners will refashion BlackRock’s ability to provide a full range of public bonds and private credit financing to borrowers across ...

On Tuesday, TD Cowen maintained a Buy rating on BlackRock Inc. (NYSE: NYSE ... BlackRock has also undertaken strategic acquisitions, notably the purchase of HPS Investment Partners for $12 billion.

The firm’s assets are set to grow considerably over the next few months with the announced deal to buy HPS Investment Partners LLC, which manages roughly US$150 billion and stands to propel BlackRock ...