HPS Corporate Lending Fund Updates Monthly NAV Per Share for March 2023

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 March 31, 2023.

Class I, Class D, and Class F shares had an NAV per share of $24.40 as of March 31, 2023, compared to $24.56 as of Feb. 28, 2023.

As of March 31, 2023, the fund’s aggregate NAV was approximately $3.7 billion, the fair value of its investment portfolio was $6.7 billion. The month prior, as of Feb. 28, 2023, the fund’s aggregate NAV was $3.7 billion, and the fair value of its investment portfolio was $6.4 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.

Click here to visit The DI Wire directory page.