BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market

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BlackRock inks third big deal this year after scooping up GIP for $12.5 billion and Preqin for $3.2 bln.

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Article Details

Author / Journalist: Luisa Beltran

Category: EconomyBusiness

Markets: United States

Topics: Wall Street BlackRock Larry Fink Mergers and acquisitions Private equity

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 02:41:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 21 words

Reading Time: 1 minutes read

Sentences: 34 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 24109555

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 52 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

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Publisher ID: #95

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