Historical Shareholder Updates

Q2 2023 Shareholder Update Presentation

Welcome to the HLEND second quarter shareholder update call. Thank you for taking the time today and for your continued support of HLEND.

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Q1 2023 Shareholder Update Presentation

Welcome to the HLEND first quarter shareholder update call. Thank you for taking the time today and for your continued support of HLEND.

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Q4 2022 Shareholder Update Presentation

Welcome everyone and thank you both for your time today and your support of HLEND. I am John Christmas, Co-Head of Business Development and Investor Relations at HPS and I am joined today by Michael Patterson.

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Q3 2022 Shareholder Update Call Transcript and Presentation

Thank you to all who are joining us today. I'm excited to be joined by Michael Patterson, Chief Executive Officer for HLEND and Grishma Parekh, Co-Head of North America Core Senior Lending and trustee for HLEND.

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Historical Portfolio Reviews

November 2023 Portfolio Update

Investor optimism increased in November as both headline and core US Consumer Price Indexes fell year over year

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October 2023 Portfolio Update

Financial markets digested an increase in volatility following the escalation of geopolitical tensions in Gaza, while strong than expected economic data reinforced a “higher-for-longer” interest rate environment during the month of October.

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September 2023 Portfolio Update

The market digested the Fed’s signal of a “higher-for-longer” interest rate environment at their September meeting, following strong payroll and elevated inflation data with mixed responses…

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August 2023 Portfolio Update

Investor sentiment further improved on the back of Fed guidance in July, along with better-than-expected corporate earnings releases and strong economic data, all of which were perceived as supportive of a more extended credit cycle...

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July 2023 Portfolio Update

Investor sentiment further improved on the back of Fed guidance in July, along with better-than-expected corporate earnings releases and strong economic data, all of which were perceived as supportive of a more extended credit cycle...

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June 2023 Portfolio Update

The public credit markets continued their healing process – high yield and leveraged loan issuance picked up relative to 2H 2022 but remained below historical levels. Private credit remained the favored path for LBOs, financing 85% of volume during 2Q 2023…

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May 2023 Portfolio Update

Following a lull throughout March and April, lending activity in the new issuance leveraged loan and high yield markets increased in May.

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April 2023 Portfolio Update

Overall direct lending activity in early 2023 was muted relative to second half 2022 levels as several key market drivers slowed.  M&A activity stalled amid ongoing market volatility and a dispersion between buyers’ and sellers’ valuation expectations…

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March 2023 Portfolio Update

The leveraged loan and high yield markets experienced a choppy March, as fears associated with the U.S. regional banking system disrupted investor confidence and stalled new issuance activity.

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February 2023 Portfolio Update

The markets finished the month of February 2023 mixed despite continued positive U.S. economic data releases, as rekindled worries regarding restrictive Federal Reserve policy clouded investment sentiment.

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January 2023 Portfolio Update

Major markets posted positive returns for the month of January 2023 after historically weak performance in 2022.

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