{"url":"https://nivawealth.com/firms/hps-investment-partners-282125","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/282125","regulatoryAum":175724114956,"crd":"282125","secFileNumber":"801-107234","legalName":"HPS Investment Partners, LLC","displayName":"HPS Investment Partners","website":null,"linkedinUrl":"https://www.linkedin.com/company/hps-investment-partners-llc/","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":"11 March 2016","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":826,"advisory":402,"brokerDealerReps":58,"insuranceAgents":0,"promoters":4},"aum":{"discretionary":170647674131,"discretionaryAccounts":277,"nonDiscretionary":5076440825,"nonDiscretionaryAccounts":16,"wrapProgram":null,"nonUsClientsPct":56,"nonAumClients":0},"clientTypes":[{"label":"Banking or thrift institutions","clients":1,"regulatoryAum":739177683},{"label":"Pooled investment vehicles","clients":527,"regulatoryAum":135963658046},{"label":"Pension and profit-sharing plans","clients":2,"regulatoryAum":472795002},{"label":"State or municipal government entities","clients":1,"regulatoryAum":337054586},{"label":"Insurance companies","clients":27,"regulatoryAum":37118749097},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":68916547},{"label":"Other","clients":4,"regulatoryAum":1023763995}],"fees":[],"feeNotes":[],"custodians":[{"name":"Bank of New York Mellon","shortName":"Bank of New York Mellon","location":"New York, NY","smaAssets":3143034060},{"name":"JP Morgan Chase Bank, N.A.","shortName":"J.P. Morgan","location":"Columbus, OH","smaAssets":2406539421}],"custodyNote":"HPS Investment Partners has custody of $120.98B for 210 clients.","otherCustodians":[],"leadership":[{"name":"Scott Kapnick","title":"Chief Executive Officer (HPS Investment Partners, LLC)","crd":"1690222"},{"name":"Paul Knollmeyer","title":"Chief Financial Officer and Chief Risk Officer (HPS Investment Partners, LLC)/Managing Director","crd":"4919933"},{"name":"Joseph Virgilio","title":"Chief Compliance Officer (HPS Investment Partners, LLC)/Managing Director","crd":"2041281"},{"name":"Yoohyun Katherine Choi","title":"General Counsel (HPS Investment Partners, LLC)/Managing Director","crd":"6105476"},{"name":"Faith Rosenfeld","title":"Chief Administrative Officer (HPS Investment Partners, LLC)/Managing Director","crd":"1051168"}],"ownership":[{"label":"HPS Group Holdings II, LLC","detail":"Sole member (hps investment partners, llc) in the 75% or more ownership band and a control person, since March 2016."},{"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":"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":"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 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, 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"},{"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 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 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 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 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"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":19,"privateResidences":0},"listedOfficeAddresses":13,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"10250 Constellation BLVD","city":"Los Angeles"},{"street":"650 California Street","city":"San Francisco"}]},{"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":"2001 Ross Avenue","city":"Dallas"},{"street":"500 W. 2nd ST","city":"Austin"}]},{"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 pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":4},{"label":"Investment grade corporate bonds","percent":3},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":6},{"label":"Other","percent":85,"detail":"Consists of Bank Loans, Collateralized Loan Obligations, Delayed Draw Bank Loans, Term Loans, and Revolvers"}],"privateFunds":253},"sources":{"adv1FilingDate":"20 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/282125/PDF/282125.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 Investment Partners have?","answer":"HPS Investment Partners has 563 clients and manages $175.7 billion for them, as of May 2026. They include 527 pooled investment vehicles, 27 insurance companies and 4 other clients.","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 Investment Partners offer?","answer":"HPS Investment Partners provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does HPS Investment Partners use?","answer":"HPS Investment Partners’ separately managed account assets are held at Bank of New York Mellon (New York, NY), with $3,143,034,060 and JP Morgan Chase Bank, N.A. (Columbus, OH), with $2,406,539,421. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does HPS Investment Partners have?","answer":"HPS Investment Partners 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":"What does HPS Investment Partners invest in?","answer":"At the end of its last fiscal year, HPS Investment Partners’ separately managed accounts held 85% consists of bank loans, collateralized loan obligations, delayed draw bank loans, term loans, and revolvers, 6% pooled vehicles (private funds and similar), 4% non-exchange-traded equities, 3% investment grade corporate bonds, 1% high-yield corporate bonds and 1% derivatives. It advises 253 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns HPS Investment Partners?","answer":"HPS Investment Partners is owned through a chain of holding companies by Blackrock, Inc. Its direct owner is HPS Group Holdings II, 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 Investment Partners get paid?","answer":"HPS Investment Partners 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."}