HPS Investment Partners’ US$12 billion acquisition by BlackRock, Inc.

Rajah & Tann Singapore, member firm of Rajah & Tann Asia, acted as Singapore counsel to HPS Investment Partners (“HPS”) in the US$12 billion acquisition of HPS by BlackRock, Inc., creating a US$190 billion private financing platform at BlackRock. This represents a strategic expansion of BlackRock’s private credit capabilities, enabling the firm to offer integrated public and private market solutions at scale. Partner Anne Yeo from the Funds & Investment Management Practice led the transaction.