Multi-Family Office

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HMP Partners

HMP Partners is a New York-based multi-family office founded in 2005 by Harvey J. Miller and Michael P.

HMP Partners

HMP Partners was established in 2005 by Harvey J. Miller and Michael P. Phillips, two veteran financial services executives. The firm operates as a multi-family office that deploys capital across asset classes on behalf of a discrete group of families. Its wealth origin traces to the principals' own backgrounds in investment advisory and structured finance. The firm's investment strategy focuses on direct co-investments and structured capital solutions. Core asset classes include real estate (commercial and residential), private credit, infrastructure and energy transition. HMP has allocated over $1.5 billion in total deployment across these verticals (per public record, 2023). The firm typically partners with established GPs in North America and Europe, participating in club deals and special purpose vehicles rather than committing to blind-pool funds. Confirmed transaction types include real estate mezzanine debt and infrastructure equity. HMP Partners operates from a single New York City office with an estimated 25 professionals. The firm runs no other flagship funds or classic fund-of-funds vehicles. It maintains a collaborative relationship with its family clients, with a focus on preserving intergenerational capital. The firm has no separate philanthropic foundation publicly identified. A structural differentiator: HMP does not charge traditional management fees but instead earns carried interest on its co-investment allocation, aligning it directly with its family clients. The dual managing partner structure and lack of public permanent capital vehicles give it unusual flexibility to pivot across market cycles.

General information

Firm type

Multi Family Office

Year founded

2005

AUM

$500M - $1B (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Harvey J. Miller

Managing Partner

Michael P. Phillips

Managing Partner

Sector focus

Real EstatePrivate CreditInfrastructureEnergy Transition & RenewablesHealthcare Services

Frequently asked questions

Who makes investment decisions at HMP Partners?

Investment decisions are led by managing partners Harvey J. Miller and Michael P. Phillips. The firm operates a lean partnership model, with both principals personally involved in sourcing, structuring and executing co-investments alongside external GPs.

How does HMP Partners source proprietary deal flow?

HMP sources deals primarily through its network of repeat institutional GP relationships, not through a broad market screening process. The firm is known as a flexible, reliable co-investor in mid-market transactions across real estate, private credit and infrastructure.

Does HMP Partners invest in funds or only direct deals?

The firm focuses exclusively on direct co-investments and structured special purpose vehicles. It does not commit to blind-pool commingled funds. This direct model allows HMP to negotiate bespoke terms per transaction and maintain full visibility into deployed capital.

What is HMP Partners' typical investment size?

HMP Partners historically has deployed between $10 million and $75 million per transaction. This range reflects its strategy of being a meaningful but not controlling co-investor alongside larger institutional GPs.

How is HMP Partners different from a traditional family office?

HMP operates without a conventional management fee structure, instead earning carried interest only on successful co-investments. Its multi-family structure serves multiple families through a shared investment platform, offering operational efficiencies and a larger deal capacity than a single-family office.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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