Clients
HPS Advisors serves 2 clients. The average client has about $14.3 billion with the firm.
- Business development companies2 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Business development companies | 2 | $28,546,149,242 | 100.0% | $14.27B |
| Total | 2 | $28,546,149,242 | 100% | $14.27B |
- Clients
- 2
- Regulatory AUM
- $28,546,149,242
- Share
- 100.0%
- Avg. per client
- $14.27B
Total
- Clients
- 2
- Regulatory AUM
- $28,546,149,242
- Share
- 100%
- Avg. per client
- $14.27B
What it does
HPS Advisors provides portfolio management for investment companies. It is paid through a percentage of assets and performance-based fees.
HPS Advisors advises no private funds.
100.0% of assets ($28.55B across 2 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
HPS Advisors does not have custody of client assets.
- All other custodians$28.55B100%
Ownership and leadership
HPS Investment Partners, LLC owns 75% or more of HPS Advisors, and Scott Kapnick is its CEO.
- Owns 75% or more of HPS Advisors, LLC
HPS Investment Partners, LLC
Control person · since January 2023
- Owns 75% or more of HPS Investment Partners, LLC
HPS Group Holdings II, LLC
Control person · since March 2016
- Owns 75% or more of HPS Group Holdings II, LLC
HPS Group Holdings I, L.P.
Control person · since December 2015
- Owns 75% or more of HPS Group Holdings I, L.P.
HPS Group Adviser Holdings, L.P.
Control person · since June 2018
- Owns 75% or more of HPS Group Adviser Holdings, L.P.
Blackrock Capital Investment Advisors, LLC
Control person · since July 2025
- Owns 75% or more of Blackrock Capital Investment Advisors, LLC
Blackrock Advisors, LLC
Control person · since September 2017
- Owns 75% or more of Blackrock Advisors, LLC
Blackrock Capital Holdings, Inc.
Control person · since September 2006
- Owns 75% or more of Blackrock Capital Holdings, Inc.
Blackrock Financial Management, Inc
Control person · since March 2015
- Owns 75% or more of Blackrock Financial Management, Inc
Blackrock Holdco 2, Inc.
Control person · since September 2006
- Owns 75% or more of Blackrock Holdco 2, Inc.
Blackrock Finance, Inc.
Control person · since September 2006
- Owns 75% or more of Blackrock Finance, Inc.
Blackrock Saturn Subco, LLC
Control person · since July 2025
- Owns 75% or more of Blackrock Saturn Subco, LLC
Blackrock, Inc.
Control person · since July 2025
Leadership
- Scott KapnickChief Executive Officer
- Paul KnollmeyerChief Financial Officer and Chief Risk Officer
- Joseph VirgilioChief Compliance Officer
- Yoohyun Katherine ChoiGeneral Counsel
- Faith RosenfeldChief Administrative Officer
Staff
- 826 employees
- 402 in advisory functions
- 58 broker-dealer reps
Fees
HPS Advisors is paid through a percentage of assets under management and performance-based fees.
HPS Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, HPS Advisors has 19 offices, with 13 listed addresses across 10 states.
California · 2 listed addresses
- 650 California Street, San Francisco
- 10250 Constellation BLVD, Los Angeles
New York · 2 listed addresses
- 40 West 57th Street, 33rd Floor, New YorkHQ
- 50 Hudson Yards, New York
Texas · 2 listed addresses
- 500 W 2nd ST, Austin
- 2001 Ross Avenue, Dallas
Connecticut · 1 listed address
- 750 Washington BLVD, Stamford
Florida · 1 listed address
- North Building, Palm Beach
Illinois · 1 listed address
- 110 North Wacker Drive, Chicago
Missouri · 1 listed address
- 8027 Forsyth BLVD, Clayton
South Carolina · 1 listed address
- 1320 Main ST, Columbia
Washington · 1 listed address
- 1455 NW Leary Way, Seattle
Wyoming · 1 listed address
- 680 S Cache Street, Suite 100, Jackson
Registration details
- Legal name
- HPS Advisors, LLC
- Headquarters
- 40 West 57th Street, 33rd Floor, New York, NY 10019
- Phone
- 212-287-6767
- Website
- Not reported
- SEC file
- 801-127446
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does HPS Advisors have?
HPS Advisors has 2 clients and manages $28.5 billion for them, as of May 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 May 2026
What services does HPS Advisors offer?
HPS Advisors provides portfolio management for investment companies.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does HPS Advisors have?
HPS Advisors has 0 investment adviser representatives registered with state securities authorities, out of 826 employees, and 402 perform investment advisory functions. 58 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns HPS Advisors?
HPS Advisors is owned through a chain of holding companies by Blackrock, Inc. Its direct owner is HPS Investment Partners, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 May 2026
How does HPS Advisors get paid?
HPS Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file