HPS Investment Partners

Overview

HPS Investment Partners is a leading global credit-focused alternative investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for its clients. The firm manages various strategies across the capital structure, including privately negotiated senior debt, privately negotiated junior capital solutions in debt, preferred and equity formats, liquid credit including syndicated leveraged loans, collateralized loan obligations, and high yield bonds, asset-based finance, and real estate. As of December 2024, HPS had approximately $148 billion in assets under management. In July 2025, BlackRock completed the acquisition of HPS, integrating it into BlackRock's private credit platform, which now totals approximately $220 billion in client assets. This acquisition aims to enhance BlackRock's position in the private credit market and provide comprehensive solutions to clients globally. The combined entity continues to operate under the HPS Investment Partners brand, with its leadership team retaining their positions in the new business.

Investment Focus

• Focus on large, established businesses
• Preference for North America, Western Europe, and Asia-Pacific regions
• Interest in a wide range of industries including consumer, energy, financial services, healthcare, industrial, media, technology, telecommunications, real estate, retail, transportation, utilities, materials, education, and agriculture

Portfolio Companies