Market
What will be BlackRock's market position in private credit by end of 2025?
2
Resolution / Starting Odds
Leader in private credit • 25%
Top 3 in private credit • 25%
Top 5 in private credit • 25%
Outside top 5 • 25%
Industry reports from financial analysis firms or major financial news outlets
Story
BlackRock Nears $12B Deal for Private Credit Manager HPS
Dec 2, 2024, 08:00 AM
BlackRock Inc., the world's largest asset manager, is reportedly close to finalizing a deal to acquire HPS Investment Partners, a private credit manager specializing in lending directly to businesses, in a transaction that could value HPS at $12 billion or more. This move signifies BlackRock's strategic expansion into the private credit market, which has been growing as businesses increasingly seek direct lending outside traditional banking channels.
View original story
Similar markets
Outside Top 10 • 25%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
4th or lower • 25%
1st • 25%
2nd • 25%
3rd • 25%
Top 2 • 25%
Top 1 • 25%
Top 4 or below • 25%
Top 3 • 25%
BlackRock • 25%
Kohlberg Kravis Roberts (KKR) • 25%
Apollo Global Management • 25%
Ares Management • 25%
Drops to #3 • 25%
Remains #1 • 25%
Drops to #2 • 25%
Drops below #3 • 25%
5% to 10% • 25%
More than 15% • 25%
10% to 15% • 25%
Less than 5% • 25%
Below 30th • 25%
11th to 20th • 25%
Top 10 • 25%
21st to 30th • 25%