BlackRock targets private credit growth with $12 billion HPS acquisition
BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said ...
South Korea’s Overnight Martial Law Chaos Causes Confusion
Why it matters: On the news, Korean ADRs fell around 6%, while the Korean won fell around 1.9%. If martial law is indeed ...
Tech not showing signs of 'exuberance': UBS
The performance of the tech sector isn't raising warning flags about overly exuberant investor attitudes, said Solita Marcelli, chief investment officer, Americas, at UBS Global Wealth Management, in ...
The stock market might be 'most powerful economic engine right now,' says John Hancock's Matt Miskin
Matt Miskin, John Hancock Investment Management co-chief investment strategist, joins CNBC's 'The Exchange' to discuss the ...
Big Lots to auction leases of shuttered central Ohio stores
Big Lots is auctioning off the leases of two central Ohio stores that closed after the retailer was sold for more than $700 million to an investment firm. The ...
BlackRock’s HPS deal seals Netflix-like strategy
BlackRock , oddly enough, is looking a lot more like a streaming service. The index-fund goliath agreed to buy private lender ...
Pensions&Investments2h
Brown Advisory adds CIO for endowments and foundations business
Sargent McGowan was named chief investment officer for endowments and foundations at money manager Brown Advisory. It is a ...
When Does It Make Financial Sense To Pursue An MBA?
When you're seeking new opportunities or aspiring to enhance your professional career trajectory, pursuing a Master of ...
Is ‘Rothification’ Coming for Your Retirement Account?
As a refresher, Roth contributions are after taxes. So, when contributing to a Roth IRA or 401 (k), participants pay taxes on ...
Crain's Chicago Business3h
Wynnchurch sells TH Holdings to Fortress Investment in private-equity deal
The sale of the industrial hydraulics equipment manufacturer was Rosemont-based Wynnchurch's first portfolio divestment since ...
Ted Kellner's firm takes majority ownership stake in Roadrunner Transportation
Prospero Staff Capital, a private equity firm co-led by Milwaukee businessman Ted Kellner, has acquired a majority ownership ...
BlackRock is buying HPS for $12 billion. Here's what's behind Larry Fink's year of blockbuster deals.
BlackRock is set to buy HPS Investment Partners, a private credit behemoth managing $145 billion, according to a report.