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Deal Dive: Maybe venture debt works for asset managers after all

BlackRock, with its $106bn market cap, has announced that it will acquire Kreos Capital, a London-based Venture Debt lender. Kreos lends to start-ups across Europe and Israel and has originated €5.2bn ($5.68bn) worth of loans across more than 750 transactions. BlackRock declined to comment on the deal beyond the release, and Kreos could not be reached for comment.

The post Deal Dive: Maybe Venture Debt Works for asset managers after all appeared first on Balanced News Summary.



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