BlackRock CEO Sees Opportunity in Private Credit Market
BlackRock CEO Larry Fink believes increased demand from institutional investors for private credit, despite retail client skittishness, presents an opportunity for the firm to gain market share.
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BlackRock Sees Private Credit Tumult as Way to Take Market Share - Bloomberg.com
BlackRock Sees Private Credit Tumult as Way to Take Market Share Bloomberg.com
Read full article →BlackRock says the private credit 'shakeout' is an opportunity for the $13.9 trillion fund giant to dominate
Larry Fink, BlackRock CEO Anna Moneymaker/Getty Images Private credit may be dominating the headlines, but BlackRock sees opportunity ahead. On the firm's Q1 earnings call, it explained why it expects to win in a private credit "shakeout." CEO Larry Fink said he expects to see "much more dispersion" in private credit, and he likes that. Less than a year after BlackRock's $12 billion acquisition of private credit powerhouse HPS Investment Partners, one of Wall Street's hottest asset classes ...
Read full article →BlackRock Sees Private Credit Tumult as Way to Take Market Share
BlackRock Inc. Chief Executive Officer Larry Fink sees increased demand for private credit from big institutional investors like insurers, even as retail clients grow skittish over the asset class and seek to redeem more of their shares.
By Silla Brush
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