For Larry Fink, BlackRock Inc’s more than US$12bil debt sale for a Meta Platforms Inc data centre is the result of years spent transforming a public investments giant into a heavy hitter in private markets too.
The coming sale brings together investors from Fink’s two big recent acquisitions – US$12.5bil for Global Infrastructure Partners (GIP) and US$12bil for HPS Investment Partners – and pushes BlackRock further into an increasingly competitive landscape to help finance the artificial