HPS Investment Partners

Founded in 2007, HPS Investment Partners, LLC is a leading global investment firm specializing in credit strategies across the capital structure. Originally established as Highbridge Principal Strategies within J.P. Morgan Asset Management, HPS became an independent entity in 2016 following a management buyout. The firm is headquartered in New York City and has expanded its presence with 14 offices worldwide, including key financial centers in London, Hong Kong, and Singapore.

HPS manages approximately $148 billion in assets under management as of December 2024, offering a diverse range of investment strategies. These include private credit, public credit, private equity, and real assets. The firm serves a global client base of institutional investors, providing tailored financing solutions that address complex capital needs. HPS's investment approach is characterized by rigorous analysis, disciplined risk management, and a commitment to delivering attractive risk-adjusted returns.

In December 2024, BlackRock announced an agreement to acquire HPS Investment Partners for approximately $12 billion, aiming to enhance its private credit capabilities. The transaction is expected to close by mid-2025, subject to regulatory approvals. Post-acquisition, HPS will operate as part of BlackRock's integrated private credit platform, with its leadership team continuing in their roles to ensure continuity and alignment with clients' interests.