BlackRock Buys Credit Firm HPS in $12 Billion All-Stock Deal

Published on December 3, 2024

BlackRock Inc. agreed to buy HPS Investment Partners in an all-stock deal valued at roughly $12 billion, a purchase that will propel the world’s largest asset manager into the highest ranks of private credit.

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Enron 2.0 — So Bad It’s Good?

December 3, 2024
It’s the anniversary of the first-ever controlled nuclear fission chain reaction. And it’s the day that Enron filed for Chapter 11 bankruptcy in 2001.

11 Investment Must Reads for This Week (Dec. 3, 2024)

December 3, 2024
The uncertain shape and scope of President-elect Donald Trump’s proposed tariffs represent the biggest wildcard to the stock outlook for 2025, according to Morningstar. Several ETF sponsors have filed to roll out new crypto ETFs that provide some buffer protections to lower the overall risk profile, reports Financial Times. These are among the investment must reads we found this week for wealth ad