BlackRock Posts Earnings Beat, Buys Global Infrastructure Partners for $12.5 Billion

BlackRock Posts Earnings Beat, Buys Global Infrastructure Partners for $12.5 Billion

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BlackRock beat earnings expectations as the world’s largest money manager saw its assets top $10 trillion in the fourth quarter of 2023. The bigger news was the company’s acquisition of Global Infrastructure Partners in a $12.5 billion push into private markets. BlackRock reported earnings of…

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