HPS Investment Partners
HPS Investment Partners is one of the world's biggest alternative credit managers with more than $110 billion in assets. HPS is a leading global alternative investment management firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for their clients. The firm manages various strategies across the capital structure that include syndicated leveraged loans and high yield bonds to privately negotiated senior secured debt and mezzanine investments, asset-based leasing and private equity.
ABOUT HPS INVESTMENT PARTNERS
HPS was originally formed as a unit of Highbridge Capital Management, a subsidiary of J.P. Morgan Asset Management.
In 2016, the principals of HPS acquired the firm from J.P. Morgan, which retained Highbridge and the hedge fund strategies.
The firm is led by five principals: Scott Kapnick, Scot French, Michael Patterson, Purnima Puri and Faith Rosenfeld.
INVESTMENT STRATEGIES
Direct Lending. Invests in privately negotiated senior debt capital to middle market companies and borrowers in special situations globally.
Strategic Investment Partners.
Invests in junior capital solutions to mid- and large companies globally, including investments in mezzanine, subordinated debt, preferred equity and common equity co-investments.
Invests in debt and equity issued by owners of stabilized and transitional real estate assets in the US and Europe.
Asset Value.
Provides asset-based financing solutions to small- and medium-sized enterprises by acquiring asset portfolios and operating platforms.
Energy and Power.
Invests across the capital structure of companies in the energy and power sectors globally.
PUBLIC CREDIT
North American Public Credit.
Invests in performing and stressed North American corporate credits across the capital structure.
European Public Credit.
Invests in European corporate credits across the capital structure.
Liquid Loads/CLO Management.
Invests in floating rate secured corporate loans as well as CLO issuances and third-party securitizations.
Securitized Credit.
Invests in asset-backed securities, commercial mortgage-backed securities, non-agency residential mortgage-backed securities and CLO debt and equity.
Invests in Asia credit investments across the capital structure.