BlackRock completed the acquisition of Kreos Capital.

BlackRock, a multi-national investment company, completed the acquisition of Kreos Capital, a venture and growth debt provider. Financial terms were not disclosed. "Over the past 20 years, BlackRock has built leading private debt capabilities to help clients achieve a variety of investment goals by aligning proven investment excellence with long term market opportunities. The Kreos team has built a world class investment process and delivered for clients through multiple cycles. Coupled with our expectation that growth and venture lending will figure prominently in the expansion of the global direct lending opportunity set going forward, we believe this is an opportune time to welcome the Kreos team to BlackRock,” James Keenan, BlackRock CIO and Global Head of Private Credit.