HPS Investment Partners is offering employees a significant grant as part of its acquisition by BlackRock for $12 billion. The “material incentive grant” will vest over five years and aims to reward staff for their past and future contributions to the business. This move is intended to encourage long-term retention among employees, making it one of the most generous exit packages in recent history.
Source: https://www.bloomberg.com/news/articles/2024-12-04/hps-offers-incentives-to-retain-staff-after-sale-to-blackrock