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World's largest asset manager looks to strengthen its toehold in private credit

Wealth Management Correspondent

BlackRock has acquired Kreos Capital as it looks to strengthen its toehold in the private debt market.

The $9.1tn asset manager, the world's largest, said the deal, complements its existing global credit business, while also unlocking additional private debt capabilities for its clients.

BlackRock acquires Kreos Capital to boost private debt capabilities

Kristen McGachey

BlackRock

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