Reported about 17 hours ago
BlackRock's significant acquisitions in 2024, including the purchase of HPS Investment Partners for $12 billion, signal a strong commitment to expanding its presence in private markets such as private credit, real estate, and infrastructure. The firm plans to leverage these acquisitions to integrate private and public investment products, and analysts suggest that BlackRock may pursue further deals to enhance its competitive edge against larger alternative asset managers. With its alternative assets totaling approximately $320 billion, BlackRock is actively scouting for opportunities to bolster this segment while strategically navigating future investments.
Source: YAHOO