HPS Corporate Lending Fund Updates Monthly NAV Per Share

HPS Corporate Lending Fund, a perpetual-life non-traded business development company sponsored by HPS Investment Partners, has declared its net asset value per share for Feb. 28, 2023.

Class I, Class D, and Class F shares had an NAV per share of $24.56 as of Feb. 28, 2023, compared to $24.36 as of Jan 31, 2023.

As of Feb. 28, 2023, the fund’s aggregate NAV was approximately $3.7 billion, the fair value of its investment portfolio was $6.4 billion. The month prior, as of Jan. 31, 2023, the fund’s aggregate NAV was $3.5 billion and the fair value of its investment portfolio was $5.7 billion.

HPS Corporate Lending Fund was formed to invest primarily in newly originated senior secured debt and other securities of private U.S. companies within the middle market and upper middle market. The fund launched in late January 2022 and seeks to raise $4 billion.

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