HPS Investment Partners has raised one of the largest private credit funds on record, confirming its spot as one of the leaders in the industry. This milestone highlights the firm's ability to attract significant capital and underscores its reputation for delivering strong returns to investors.
In a recent development, 65 Equity Partners announced a significant minority investment in Kendra Scott, the renowned lifestyle and accessories brand. While founder Kendra Scott retains a majority stake in the company, this investment signals confidence in the brand's growth potential and strategic vision.
HPS Investment Partners has also made a strategic move by pumping capital into S64, a global alternatives and tech provider to the wealth management industry. This investment underscores HPS's commitment to supporting innovative companies in the financial sector and further diversifying its portfolio.
Building on its success, HPS Investment Partners and insurer Guardian Life have expanded their partnership, with HPS taking over the management of approximately $30 billion in investment-grade assets. This collaboration enhances both companies' capabilities and positions them for continued growth in the market.
In a press release dated July 29, 2024, S64, the global alternatives fintech and solutions partner to the wealth management industry, announced significant developments in its operations. This signals a period of growth and expansion for the company, supported by strategic investments from key partners like HPS Investment Partners.
Accel and HPS Investment Partners have injected additional capital into a UK-based company, nearly doubling its valuation to UK£1 billion. This investment follows Arctos' acquisition of a minority stake last year, highlighting the company's potential for rapid growth and success in the market.
Guardian Life and HPS Investment Partners, with a combined $116 billion in assets under management, have agreed to expand their strategic partnership. This collaboration strengthens both firms' positions in the credit investment market and sets the stage for future growth and success.
Closing its private credit fund, Specialty Loan Fund VI, at $21.2 billion in investable capital, HPS Investment Partners has demonstrated its ability to attract significant capital from investors. This fund will fuel the firm's investment activities and drive further growth in its portfolio.
