BlackRock has agreed to buy private credit manager HPS Investment Partners for $12 billion in stock. Why it matters: This would make BlackRock one of the largest players in one of Wall Street's ...

Asset management has two great kingdoms. The purveyors of mutual funds and exchange-traded funds dominate the first and ...

Perella Weinberg's Bob Steel talks about his history with Larry Fink, BlackRock's expansion into alternative assets, and why he will never retire.