The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 ...

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

The commercial net lease company holds investments in 122 properties across more than half of the country’s states.

BlackRock pushed deeper into private markets Monday with the acquisition of commercial real estate firm ElmTree Funds.

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

The deal gives the investment firm $7.3 billion in assets as it attempts to broaden its holdings of private assets, following ...

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

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

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 ...

BlackRock, Inc. (NYSE: BLK) and HPS Investment Partners (HPS) today announced the successful completion of BlackRock’s acquisition of HPS.

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.

NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. and HPS Investment Partners (HPS) today announced the successful completion of BlackRock’s acquisition of HPS.. Private credit is reshaping financial ...