Credit Fraud Fears Loom After BlackRock’s HPS Zeros Out Bad Loan
The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at the private credit giant realized one of their investments had gone horribly...
By Davide Scigliuzzo, Dorothy Ma, Chris Dolmetsch, Silla Brush · Bloomberg Markets
The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at the private credit giant realized one of their investments had gone horribly wrong.