{"url":"https://nivawealth.com/firms/hps-advisors-324983","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/324983","regulatoryAum":28546149242,"crd":"324983","secFileNumber":"801-127446","legalName":"HPS Advisors, LLC","displayName":"HPS Advisors","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"40 West 57th Street, 33rd Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10019"},"tradeNames":[],"registration":{"secApproved":"10 March 2023","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":826,"advisory":402,"brokerDealerReps":58,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":28546149242,"discretionaryAccounts":2,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Business development companies","clients":2,"regulatoryAum":28546149242}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"HPS Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scott Kapnick","title":"Chief Executive Officer","crd":"1690222"},{"name":"Paul Knollmeyer","title":"Chief Financial Officer and Chief Risk Officer","crd":"4919933"},{"name":"Joseph Virgilio","title":"Chief Compliance Officer","crd":"2041281"},{"name":"Yoohyun Katherine Choi","title":"General Counsel","crd":"6105476"},{"name":"Faith Rosenfeld","title":"Chief Administrative Officer","crd":"1051168"}],"ownership":[{"label":"HPS Investment Partners, LLC","detail":"Sole member in the 75% or more ownership band and a control person, since January 2023."},{"label":"HPS Group Holdings II, LLC","detail":"Indirect owner: a sole member (hps investment partners, llc) of HPS Investment Partners, LLC in the 75% or more band and a control person, since March 2016.","parent":"HPS Investment Partners, LLC"},{"label":"HPS Group Holdings I, L.P.","detail":"Indirect owner: a sole member of HPS Group Holdings II, LLC in the 75% or more band and a control person, since December 2015.","parent":"HPS Group Holdings II, LLC"},{"label":"HPS Group Adviser Holdings, L.P.","detail":"Indirect owner: a limited partner of HPS Group Holdings I, L.P. in the 75% or more band and a control person, since June 2018.","parent":"HPS Group Holdings I, L.P."},{"label":"Blackrock Capital Investment Advisors, LLC","detail":"Indirect owner: a limited partner of HPS Group Adviser Holdings, L.P. in the 75% or more band and a control person, since July 2025. Also general partner of HPS Group Adviser Holdings, L.P. and a control person, since July 2025.","parent":"HPS Group Adviser Holdings, L.P."},{"label":"Blackrock Advisors, LLC","detail":"Indirect owner: a member of Blackrock Capital Investment Advisors, LLC in the 75% or more band and a control person, since September 2017.","parent":"Blackrock Capital Investment Advisors, LLC"},{"label":"Blackrock Capital Holdings, Inc.","detail":"Indirect owner: a member of Blackrock Advisors, LLC in the 75% or more band and a control person, since September 2006.","parent":"Blackrock Advisors, LLC"},{"label":"Blackrock Financial Management, Inc","detail":"Indirect owner: a sole shareholder of Blackrock Capital Holdings, Inc. in the 75% or more band and a control person, since March 2015.","parent":"Blackrock Capital Holdings, Inc."},{"label":"Blackrock Holdco 2, Inc.","detail":"Indirect owner: a sole shareholder of Blackrock Financial Management, Inc in the 75% or more band and a control person, since September 2006.","parent":"Blackrock Financial Management, Inc"},{"label":"Blackrock Finance, Inc.","detail":"Indirect owner: a sole shareholder of Blackrock Holdco 2, Inc. in the 75% or more band and a control person, since September 2006.","parent":"Blackrock Holdco 2, Inc."},{"label":"Blackrock Saturn Subco, LLC","detail":"Indirect owner: a sole member of Blackrock Finance, Inc. in the 75% or more band and a control person, since July 2025.","parent":"Blackrock Finance, Inc."},{"label":"Blackrock, Inc.","detail":"Indirect owner: a sole member of Blackrock Saturn Subco, LLC in the 75% or more band and a control person, since July 2025.","parent":"Blackrock Saturn Subco, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":19,"privateResidences":0},"listedOfficeAddresses":13,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"650 California Street","city":"San Francisco"},{"street":"10250 Constellation BLVD","city":"Los Angeles"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"750 Washington BLVD","city":"Stamford"}]},{"state":"Florida","offices":1,"addresses":[{"street":"North Building","city":"Palm Beach"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"110 North Wacker Drive","city":"Chicago"}]},{"state":"Missouri","offices":1,"addresses":[{"street":"8027 Forsyth BLVD","city":"Clayton"}]},{"state":"New York","offices":2,"addresses":[{"street":"40 West 57th Street, 33rd Floor","city":"New York","headquarters":true},{"street":"50 Hudson Yards","city":"New York"}]},{"state":"South Carolina","offices":1,"addresses":[{"street":"1320 Main ST","city":"Columbia"}]},{"state":"Texas","offices":2,"addresses":[{"street":"500 W 2nd ST","city":"Austin"},{"street":"2001 Ross Avenue","city":"Dallas"}]},{"state":"Washington","offices":1,"addresses":[{"street":"1455 NW Leary Way","city":"Seattle"}]},{"state":"Wyoming","offices":1,"addresses":[{"street":"680 S Cache Street, Suite 100","city":"Jackson"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-287-6767","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies"],"financialPlanningClients":null,"assetMix":[],"privateFunds":0},"sources":{"adv1FilingDate":"20 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/324983/PDF/324983.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does HPS Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does HPS Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does HPS Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns HPS Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does HPS Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}