BlackRock Acquires HPS, a Major Lender of Private Credit
Read more at The New York Times
Topics
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BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - 1d -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - 23h -
Talent agency Gersh acquires sports representation firm You First in major expansion
Beverly Hills talent agency Gersh will acquire Madrid-based sports representation firm You First, marking an entry into the business of working with athletes.Los Angeles Times - 1d -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - 1d -
BlackRock launches active short-term money market ETF
Manager claims to be first to offer strategy in a Ucits-regulated ETF in EuropeFinancial Times - 1d -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - 2d -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - 1d -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - 21h
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