The BlackRock veteran Mark Wiedman is planning his exit from the firm, shaking up the race to succeed CEO Larry Fink.
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.
BlackRock has agreed to buy private credit manager HPS Investment Partners for $12 billion in stock. Why it matters: This would make BlackRock one of the largest players in one of Wall Street's ...
(RTTNews) - Asset manager Blackrock Inc. (BLK) announced Tuesday its agreement to acquire privately held credit investment manager HPS Investment Partners LLC for approximately $12 billion in equity.
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients. BlackRock said Tuesday that ...
An investor group including CVC Capital Partners, General Atlantic, HPS Investment Partners and Leonard Green & Partners is ...