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

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

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 ...