HPS Investment Partners related stories
All articles and analysis
Ares raises $2.3bn for life insurance firmAspida, which also sells annuities, has grown to $19bn in assets with support from Ares.
Sixth Street snags $13bn of insurer’s assets to manageNorthwestern Mutual may increase the total, and will take a minority stake in the manager.
BlackRock acquires HPS Investment Partners in $12bn dealThe acquisition will create a $240bn private debt platform, the fifth largest of its kind.
Loan Note: Our awards 2024 start here; Proskauer notes default rate declineOur annual awards are back, and we want your submissions. Plus: Proskauer finds the default rate is falling; and Investec teams up with Ares in fund finance.
LACERS commits $200m to senior debt fundsLos Angeles City Employees' Retirement System commits $100 million each to funds managed by TPG and HPS.
Loan Note: The rate cut that should ease borrower pressure; ADIA underlines real estate debt appetiteBorrower pressure eases as rates come down. Plus: ADIA makes latest commitment to real estate debt; and Finnish financier gets support for SME lending.
KCERA continues with the PD commitmentsKern County Employees' Retirement Association continues to commit to private debt funds.
Insurance capital: Rich rewards for those that can step upA huge pool of insurance industry money could be headed for private debt but there are many levels of complexity for fund managers to navigate. Insurance and debt insiders talk to about the potential benefits and challenges of partnering up.
HPS closes fund with $21.1bn of investable capitalThe fundraise, one of private credit’s largest, has exceeded its target, and includes $14.3bn in commingled and other equity commitments.
Loan Note: Three key takeaways from our PERE Europe event; different views of private credit returnsNotes of calm at our PERE Europe event; views diverge on private credit returns; and DWS moves into capital solutions.