Meta, BlackRock Team on $14B El Paso AI Data Center
Meta and BlackRock unveiled a $14 billion joint venture for a 1-gigawatt El Paso AI data center, financed by a $12B bond sale kept off Meta’s balance sheet.
BlackRock
NYC Pension Funds Rebid $127B Passive Equity Mandate
NYC Comptroller Mark Levine just opened the city’s $127B public equity passive indexing mandate to a competitive RFP. Bids close July 15.
Citi, BlackRock’s HPS Strike €15B EMEA Credit Deal
Citi and HPS Investment Partners launch a €15B EMEA private capital program — the European sequel to Citi-Apollo, now with BlackRock’s scale behind it.
Why BlackRock Just Turned Bullish on U.S. Equities Again
BlackRock’s Investment Institute moved back to overweight U.S. stocks. Here’s the thesis behind the world’s largest asset manager’s bullish reversal.