BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade

Biztoc.com - 2 december 2024

BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade

is close to making a $12 billion bet that would take it deeper into the hottest trade on Wall Street: private credit. The world’s largest money manager is discussing a deal to buy HPS Investment Partners, a firm run by three ex-employees of Goldman Sachs (GS)…

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