
How Private Credit Could Be the Key to Reducing the U.S. Deficit, Claims HPS Capital's Puri
In a recent discussion showcasing innovative financial solutions, HPS Investment Partners’ CEO, Anup Puri, highlighted how private credit could play a pivotal role in assisting the United States in reducing its burgeoning deficit. His insights come at a time when the national debt continues to climb, prompting urgent calls for strategic fiscal management.
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BlackRock in Advanced Talks to Acquire Private Credit Firm HPS
In a significant move within the financial sector, BlackRock Inc., the world's largest asset manager, is reportedly in advanced discussions to acquire HPS Investment Partners, a prominent firm specializing in private credit. This potential acquisition reflects BlackRock's strategic initiative to expand its alternative asset management portfolio amid growing demand for private investment solutions.
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