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 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 ...

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 ...

BlackRock Unit Flags Suspected $400 Million Fraud, Triggering U.S. Probe of Telecom Firms

Federal prosecutors investigate companies tied to Bankim Brahmbhatt after alleged fake receivables back loans.

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 ...
Seeking Alpha

BlackRock Completes Acquisition of HPS Investment Partners

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

BLK Acquires HPS Investment: Is it Riding on Private Credit Growth?

BlackRock Inc. BLK has announced the completion of the acquisition of HPS Investment Partners (HPS). The move signals the company’s deeper foray into the private credit market, which is rapidly ...