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

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

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

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

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 ...

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

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 ...

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.

ElmTree has offices in St. Louis, New York, Chicago, Austin, Phoenix and Newport Beach, California, and investments in 122 ...

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 ...