Market
What will be the impact of BlackRock's acquisition on its stock price by end of 2025?
3
Resolution / Starting Odds
Increase over 10% • 25%
Increase up to 10% • 25%
Decrease up to 10% • 25%
Decrease over 10% • 25%
BlackRock's stock price data from financial markets
Story
BlackRock Acquires HPS in $12 Billion Deal, Boosting Private Credit Market with $148 Billion Assets
Dec 3, 2024, 11:51 AM
BlackRock, the world's largest asset manager, has agreed to acquire HPS Investment Partners, a leading global credit investment manager, in an all-stock deal valued at approximately $12 billion. HPS specializes in private credit, a rapidly growing segment of the financial market that involves lending directly to businesses, bypassing traditional banks. The acquisition will add HPS's $148 billion in client assets to BlackRock's portfolio and strengthen its position in private credit markets, which is considered one of Wall Street's hottest markets. BlackRock aims to integrate public and private market solutions through this deal, with CEO Larry Fink stating that the combined entity will rank among the top five in private credit globally. The move reflects BlackRock's confidence in the doubling of the private-credit market.
View original story
Similar markets
Increase by over 10% • 25%
Decrease by 0-10% • 25%
Increase by 0-10% • 25%
Decrease by over 10% • 25%
Increase by more than 10% • 25%
Increase by up to 10% • 25%
Decrease • 25%
No change • 25%
Increase by more than 10% • 25%
Decrease • 25%
Change by less than 5% • 25%
Increase by 5-10% • 25%
Unclear impact • 25%
Improves market position • 25%
No change in market position • 25%
Worsens market position • 25%
No • 50%
Yes • 50%
Outperforms all major ETFs • 25%
Performs worse than half of major ETFs • 25%
Underperforms all major ETFs • 25%
Performs better than half of major ETFs • 25%
International Stocks • 25%
Bonds • 25%
US Stocks • 25%
Bitcoin • 25%
No change in transparency • 25%
Decreased transparency reported • 25%
Mixed outcomes • 25%
Increased transparency reported • 25%
Less than $11.50 • 25%
$12.01 to $12.50 • 25%
$11.50 to $12.00 • 25%
More than $12.50 • 25%
No change • 25%
Worsened perception • 25%
Improved perception • 25%
Mixed perceptions • 25%