BlackRock Private Credit Plans Ramp Up in Challenge to Blackstone, Apollo

With direct lending powerhouse HPS in the fold, the world’s largest asset manager is pushing past its own challenges to angle for a large slice of the industry’s future.

By Olivia Fishlow, Davide Scigliuzzo and Silla Brush · Bloomberg Markets

With direct lending powerhouse HPS in the fold, the world’s largest asset manager is pushing past its own challenges to angle for a large slice of the industry’s future.