Tiger Brokers

Market Chatter: BlackRock Sheds 10 Private Credit Executives After HPS Deal

MT Newswires Live
Jan 28

BlackRock (BLK) is shedding 10 people from its private financing solutions group following the $12 billion acquisition of HPS Investment Partners, Bloomberg said Tuesday, citing people with knowledge of the matter.

Executive directors Michael Weissenburger and Joshua Friedman departed, and Christian Donohue, a managing director, is in the process of leaving, the report said.

BlackRock did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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