BlackRock closes HPS acquisition; BDLC Investment Committee set with seven members

BlackRock Direct Lending Corp.

BlackRock completed acquisition of 100% of HPS Investment Partners on July 1, 2025.
BDLC's Investment Committee now has seven permanent voting members, including Philip Tseng and Jason Mehring.
Combined private credit platform Private Financing Solutions has $190 billion in client assets.
Scott Kapnick, Scot French, Michael Patterson to lead PFS; Kapnick joins BlackRock board as observer.

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