# HPS Investment Partners

HPS Investment Partners is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2007
- **Assets under management:** $193B (March 31, 2026)
- **Website:** hpspartners.com
- **LinkedIn:** https://www.linkedin.com/company/hps-investment-partners-llc
- **Wikidata:** Q56302689

## Regulatory record

- **CRD number:** 282125
- **SEC file number:** 801-107234
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-20T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/282125

## About

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.

## Sectors

- Private Credit
- Real Estate
- Secondaries & Special Situations

## Offices

- London, United Kingdom
- Hong Kong
- Singapore
- Sydney, Australia

## People

- Scott Kapnick — Founding Partner, Chief Executive Officer
- Scot French — Founding Partner, Co-President
- Michael Patterson — Founding Partner, Co-President
- Purnima Puri — Founding Partner, Head of Liquid Credit
- Faith Rosenfeld — Founding Partner, Chief Administrative Officer
- Paul Knollmeyer — Founding Partner, Chief Financial Officer

## Questions

### What is the most recent reported AUM of HPS Investment Partners?

HPS reports $193 billion of assets under management across private and liquid credit as of March 31, 2026 (per official firm website).

### When was HPS Investment Partners founded and how has its ownership evolved?

Founded in 2007 within J.P. Morgan Asset Management; principals acquired the firm in 2016 to create an independent employee-owned business; BlackRock completed acquisition on July 1, 2025, with HPS now operating as HPS, a part of BlackRock (per firm history page and BlackRock press release).

### What is HPS Investment Partners’ primary investment focus?

HPS is a global leader in alternative credit, offering tailored solutions across private credit (senior/junior), liquid credit, asset-based finance, real estate credit, and related strategies for institutional and other investors (per firm website and solutions pages).

### Who are the key current leaders of HPS Investment Partners?

Scott Kapnick (Founding Partner, CEO), Scot French and Michael Patterson (Founding Partners, Co-Presidents), along with other founding partners in senior roles; post-acquisition they lead BlackRock Private Financing Solutions (per firm team page and BlackRock announcements).

### Where is HPS Investment Partners headquartered?

Headquarters are at 40 West 57th Street, 33rd Floor, New York, NY 10019, United States, with additional offices in Chicago, Dallas, London, Singapore, Sydney, and other global locations (per firm contact page).

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Last updated: 2026-07-17T20:43:34.000Z

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