HPS Investment Partners

HPS Investment Partners

HPS Investment Partners, LLC is a leading global alternative credit investment manager headquartered in New York City. Founded in 2007 as Highbridge Principal Strategies within J.P. Morgan Asset Management to focus on nascent alternative credit opportunities in the US and Europe, the firm’s principals completed a management buyout in 2016, creating an independent employee-owned platform specializing in non-investment grade private and liquid credit (per firm history page). On July 1, 2025, BlackRock completed its acquisition of HPS; thereafter, HPS leadership assumed leadership of BlackRock’s newly formed Private Financing Solutions platform combining HPS strategies with BlackRock’s private credit, CLO, and GP-LP businesses, while HPS strategies retain branding as “HPS, a part of BlackRock” (per BlackRock press release, July 1, 2025). The firm provides customized capital solutions across senior and junior private credit, asset-based finance, real estate credit, liquid credit (including CLOs and multi-asset credit), and related strategies for institutional clients including pensions, insurers, endowments, sovereign wealth funds, and financial advisors. As of March 31, 2026, HPS reports $193 billion of assets under management across private and liquid credit (per official firm website). With investment professionals and offices spanning North America, Europe, the Middle East, and Asia-Pacific, HPS emphasizes rigorous credit analysis, creative structuring to navigate complexity, and long-term client partnerships to seek compelling risk-adjusted returns across market cycles.