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Coverage dated December 2, 2024

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

Headline from NBC New York

The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

NBC New York's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

5 articles, oldest first.

  1. NBC New York

    BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion (opens NBC New York)

    Published

    NBC New York's feed description

    The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

  2. Investopedia

    BlackRock Acquires Private Credit Manager HPS for $12 Billion (opens Investopedia)

    Published

    Investopedia's feed description

    BlackRock has agreed to acquire private credit firm HPS Investment Partners in a deal valuing the company at about $12 billion, as BlackRock continues its push into the growing sector.

  3. Insider

    BlackRock is buying HPS, rounding out a year of blockbuster deals (opens Insider)

    Published

    Insider's feed description

    BlackRock is set to buy HPS Investment Partners, a private credit behemoth managing $145 billion, according to a report.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion | Since Then