BlackRock Eyes HPS Investment
This is a news story, published by Yahoo Finance, that relates primarily to HPS Investment Partners news.
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private credit marketYahoo Finance
•BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
83% Informative
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 and JPMorgan Chase .
Private credit is a loosely defined market that mushroomed over the past decade due in large part to higher interest rates and regulation that forced banks to retrench from their own leveraged lending.
BlackRock 's stock was down slightly in Monday morning trading.
VR Score
87
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88
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48
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