The probes focus on Next Level Holdings and Yield Wealth, which offered investors the promise of double-digit returns. The move is part of a broader shift in the bank's power base to the East Coast.

BlackRock and HPS Investment Partners have agreed for BlackRock to acquire HPS for approximately $12bn, with 100% of the consideration paid in BlackRock equity.

Across the purchases of private credit firm HPS Investment Partners and Global Infrastructure Partners this year, BlackRock ...

BlackRock Inc. BLK has announced a definitive agreement to acquire HPS Investment Partners for $12 billion in an all-equity ...

The U.K.’s competitions watchdog is inviting comments from interested parties on BlackRock ’s deal to buy private markets ...

Larry Fink is shelling out about $25 billion in the space of a year to turn BlackRock Inc. into a top-five player in ...

BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth ...

When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limbo ...

HPS co-founders Scott Kapnick, Scot French, and Michael Patterson are joining BlackRock’s global executive committee while ...

December may have triggered the thawing of Mariah Carey, but stocks are beginning the month chilly, though unlikely they’ll ...

But this year, BlackRock has been aggressively claiming a major foothold in the private markets. On Tuesday, it made its ...