BlackRock Inc.’s Global Infrastructure Partners is close to raising roughly $25 billion for its latest flagship fund, a sum that would make it one of the largest in the infrastructure industry, according to people familiar with the matter.

Li Ka-shing’s CK Hutchison Holdings Ltd. has hired law firm Paul Hastings LLP to work on the blockbuster sale of its ports business, a major win for an adviser that rarely cracks the top of M&A league tables,

BlackRock Inc. scrapped its “aspirational workforce representation” objectives, reversing course on earlier goals after President Donald Trump moved to end diversity, equity and inclusion, or DEI, practices.

The world’s biggest asset manager is finally allowing Bitcoin into its $150 billion model-portfolio universe. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkBlackRock Inc.