HPS Investment Partners, LLC is a global investment management firm based in New York City, specializing in alternative credit and capital solutions. Established in 2007 and becoming independent in 2016, HPS manages approximately $148–$149 billion in assets as of December 2024. The firm serves institutional investors worldwide, including pension funds, endowments, and insurance companies. HPS offers a range of services across various strategies and capital structures. These include private credit solutions such as senior debt and mezzanine financing, public credit management involving leveraged loans and high-yield bonds, and asset-based finance focused on specialized lending. The firm also invests in real estate and provides cross-capital solutions that combine debt and equity instruments. With a team of 760 employees and a leadership group of seven principals, HPS emphasizes intellectual rigor and risk-adjusted returns, leveraging its global platform to navigate diverse market conditions.