U.S. Investigators Probe Exec Facing Fraud Allegations From BlackRock’s HPS

Federal officials have opened a criminal investigation into Bankim Brahmbhatt, who was sued by HPS and other lenders earlier ...

DOJ investigates firms that borrowed $400M from BlackRock's HPS - report

U.S. prosecutors started a probe into a group of telecom companies after BlackRock's (BLK) private credit unit HPS Investment ...

US probes firms that borrowed $400mn from private credit giant HPS

The Department of Justice is examining entities linked to Bankim Brahmbhatt, a low-profile executive behind a clutch of ...

US Probes Telecom Companies That Borrowed From BlackRock’s HPS

Federal prosecutors are looking into a group of telecommunications companies that were accused of fraud in a lawsuit by their ...

U.S. Opens Criminal Probe of Executive That BlackRock’s HPS Accuses of Fraud

Federal authorities are investigating the telecommunications executive facing fraud allegations from BlackRock’s HPS ...
Bloomberg L.P.

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 wrong. HPS ...
Nasdaq

BlackRock Completes Acquisition of HPS Investment Partners

NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE: BLK) and HPS Investment Partners (HPS) today announced the successful completion of BlackRock’s acquisition of HPS. Private credit is reshaping ...

Financials Down Amid Flight From Risk -- Financials Roundup

Shares of banks and other financial institutions fell as a global fight from risk offset increased dealmaking. Johnson & Johnson and Sinclair were among major corporations that unveiled multibillion ...