BlackRock - FinTecBuzz

BlackRock Completes Acquisition of HPS Investment Partners

July 8, 20258 min

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 the structural trends supporting its growth have accelerated the convergence of public and private markets. Financing activity is being shifted toward the capital markets, positioning asset managers to match long-dated capital with long-term investors, including insurance companies, pensions, sovereign wealth funds, wealth managers, and individuals saving for retirement. With...

by BusinessWire

Investments

BlackRock Corporation to Report First Quarter 2022 Earnings

April 4, 20223 min

BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BlackRock Capital Investment” or the “Company”) announced today that it will report earnings for the first quarter 2022 on Monday, May 2, 2022 before the opening of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Monday, May 2, 2022 to discuss its first quarter 2022 financial results. The Company’s first quarter earnings release will be available in the...

by BusinessWire

Payments

GoCardless Joins Tech Unicorns as It Secures USD312 Million

February 9, 20227 min

New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards Michael Rouse, former Chief Commercial Officer at Klarna, to join GoCardless’ Board of Directors, and Koen Köppen, Chief Technology Officer at Klarna and Board Member of Mollie, to join as...

by BusinessWire

Investment Platforms

BlackRock Credit Allocation Income Trust Announces Final Results of Tender Offer

February 6, 20205 min

BlackRock Credit Allocation Income Trust (the “Trust”) (NYSE: BTZ, CUSIP: 092508100) today announced the final results of the Trust’s tender offer (the “Tender Offer”) for up to 10% of its outstanding common shares of beneficial interest (the “Shares”). The Tender Offer, which expired at 5:00 p.m. Eastern time on February 3, 2020, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Trust will purchase Shares from all tendering stockholders...