BlackRock’s $12bn acquisition of HPS Investment Partners to reshape private credit landscape

Pallavi Madhiraju- December 5, 2024 0

BlackRock has entered into a landmark agreement to acquire HPS Investment Partners, a global credit investment manager overseeing $148 billion in assets. The $12 billion ... Read More

Bain Capital completes $4.5bn acquisition of financial technology firm Envestnet

Pallavi Madhiraju- November 26, 2024 0

Bain Capital has officially completed its $4.5 billion acquisition of Envestnet, a renowned leader in wealth management technology. The move marks a significant shift in ... Read More

A $100bn AI bet? Microsoft, BlackRock’s game-changing move in tech

Pallavi Madhiraju- September 21, 2024 0

BlackRock, Microsoft, Global Infrastructure Partners (GIP), and MGX have unveiled the Global AI Infrastructure Investment Partnership (GAIIP), a strategic collaboration aimed at building the infrastructure ... Read More

BlackRock to acquire Preqin for $3.2bn in major move into private markets data

Pallavi Madhiraju- July 2, 2024 0

BlackRock, Inc. (NYSE: BLK), a global leader in investment management, has announced a significant acquisition of Preqin, an independent provider of private markets data, for ... Read More

BlackRock to fully acquire SpiderRock Advisors to strengthen SMA capabilities

Pallavi Madhiraju- March 10, 2024 0

BlackRock, Inc. (NYSE: BLK), the world's largest asset manager, announced its agreement to acquire the remaining equity interest in SpiderRock Advisors, a premier provider of ... Read More

BlackRock to acquire Global Infrastructure Partners in landmark $3bn deal

Pallavi Madhiraju- January 17, 2024 0

BlackRock, Inc. (NYSE: BLK), a leading financial institution, and Global Infrastructure Partners (GIP), a prominent independent infrastructure fund manager, have jointly announced a monumental agreement. ... Read More

BlackRock, Jio Financial Services forge alliance for innovative investment solutions

Pallavi Madhiraju- July 27, 2023 0

American investment management company BlackRock and India-based Jio Financial Services Limited (JFS) have come together to form Jio BlackRock, a 50:50 joint venture. The partnership ... Read More

Aditya Birla Capital wraps up monumental Rs 3,000cr fundraise

Pallavi Madhiraju- July 1, 2023 0

Aditya Birla Capital Limited (ABCL), the holding company for the financial services businesses of the Aditya Birla Group, has wrapped up an impressive fundraise of ... Read More

Kering Beauté to acquire Creed to expand presence in high-end fragrance market

Pallavi Madhiraju- June 26, 2023 0

Kering Beauté, a French luxury group, has inked an agreement to acquire all shares of luxury fragrance house Creed, currently under the control of BlackRock ... Read More

Tata Power announces completion of Rs 4,000cr capital infusion into TPREL

Pallavi Madhiraju- March 2, 2023 0

Tata Power said that its subsidiary Tata Power Renewable Energy Limited (TPREL) has secured the second and final round of investment of INR 2,000 crores ... Read More