BlackRock to Acquire HPS Investment Partners
December 3, 202416 min
HPS Investment Partners is a leading global credit investment manager that provides creative capital solutions across $148 billion in client assets This combination creates an integrated private credit franchise with ~$220 billion in client assets Expected to increase private markets fee-paying AUM and management fees by 40% and ~35%, respectively Transaction structured for leadership continuity and alignment with BlackRock’s shareholders, with proceeds paid in BlackRock equity HPS leadership team will lead a new, combined business unit...
