HPS Investment Partners, a leading global investment firm, has announced its support for Beckett, the most trusted name in the collectibles industry. Beckett has received additional financing from HPS Investment Partners to expand its operations and strengthen its position in the market.
Apollo Global Management Inc. and HPS Investment Partners are among lenders that have offered to help provide a $5.5 billion loan supporting a merger between Caesars Entertainment Corp. and Eldorado Resorts Inc. The loan package includes a $2.5 billion term loan, a $1.6 billion bridge loan and a $1.4 billion revolving credit facility.
Don Dimitrievich, a seasoned finance executive, has taken on a new role at HPS Investment Partners. As part of his new responsibilities, Dimitrievich will focus on financing reduced carbon-emission capabilities, an area of increasing importance for investors and businesses alike.
US-based retail holding company BW Gas & Convenience, which trades as Yesway, has raised $190m in equity for its store-building program. The majority of the funding came from HPS Investment Partners, which has a stake in the convenience store operator.
Private equity is becoming an increasingly attractive investment option for investors, thanks to the availability of rapidly developing liquidity options. This is making private equity higher returning and safer, insulating it from today's dislocated debt markets.
Oaktree Capital, the credit investment manager co-founded by Howard Marks, is planning to raise $10B for a new fund that will help finance large-scale infrastructure projects. The fund will focus on sectors such as renewable energy, transportation and telecommunications.
A management-led group has begun a take-private acquisition bid of Canaccord Genuity Group, a Toronto-based wealth management and capital markets firm. The deal is being backed by HPS Investment Partners, which has a stake in the group.
Yesway, a convenience store operator based in Fort Worth, TX, has raised $190M in equity funding, with the majority of the round coming from HPS Investment Partners. The funding will be used to support the company's growth and expansion plans.
In a recent podcast, the head of fixed income at the PRI, Carmen Nuzzo, spoke with Adam Heltzer of Ares Management and Faith Rosenfeld of HPS Investment Partners. The discussion focused on the role of private debt in the current investment landscape and the opportunities and challenges it presents for investors.
