M&A - BlackRock Direct Lending Corp.

Form Type: 8-K

Filing Date: 2025-07-01

Corporate Action: Acquisition

Type: New

Accession Number: 000113322825006941

Filing Summary: On July 1, 2025, BlackRock Direct Lending Corp. reported its investment adviser, BlackRock Capital Investment Advisors, LLC, which is an indirect subsidiary of BlackRock, Inc., completed the acquisition of 100% of the business and assets of HPS Investment Partners, a prominent global credit investment manager. The acquisition emphasizes the structured decision-making process of the investment committee, which oversees the Company's portfolio. The committee comprises both permanent and rotating voting members drawn from experienced professionals within the Adviser. Key permanent members include Philip Tseng, Jason Mehring, Dan Worrell, Christian Donohue, Vikas Keswani, Michael Fenstermacher, and Grishma Parekh. A press release detailing the acquisition was provided as an exhibit, indicating the official nature of the reported event.