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Portfolio

HLEND seeks to build a diversified portfolio of senior secured private credit investments in resilient, market-leading, upper-middle market companies that operate primarily in non-cyclical sectors.

Data as of February 28, 2026

$25.7B

Investments at Fair Value

9.3%

Portfolio Yield at Fair Value1

94%

Private Investments2

96%

First Lien Exposure3

99%

Floating Rate4

$254M

Weighted Average EBITDA5

Portfolio Companies89

Clear Filters
Company Name
Industry
Investment Type
Reference Rate & Spread11
Par Amount (thousands)
Amortized Cost (thousands)
Fair Value (thousands)
% of Total Portfolio
Iris Capital Holdings Pty Ltd (Iris Capital) Hotels, Restaurants & Leisure Other Secured Debt B + 5.50% AUD 180,714 28,151 28,122 0.11%
Baker Tilly Advisory Group, LP (Baker Tilly) Professional Services 1st Lien Senior Secured Debt S + 4.25% $28,356 28,105 28,335 0.11%
Daphne S.P.A. (Dainese) Textiles, Apparel & Luxury Goods 1st Lien Senior Secured Debt E + 6.75% € 23,347 28,096 27,589 0.11%
PerkinElmer U.S. LLC (PerkinElmer) Life Sciences Tools & Services 1st Lien Senior Secured Debt S + 4.75% $275,142 271,662 274,887 1.07%
NBG Acquisition Corp. (Nexus Brands Group) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 6.00% (incl 3.50% PIK) $27,734 27,074 21,096 0.08%
Solis Bidco (Softway Medical SA) Software 1st Lien Senior Secured Debt E + 5.00% (incl 2.25% PIK) € 35,174 27,011 26,952 0.10%
Staples, Inc. (Staples Inc) Specialty Retail 1st Lien Senior Secured Debt S + 5.75% $27,795 26,905 24,981 0.10%
IP Operating Portfolio I, LLC (Intersect Power) Independent Power and Renewable Electricity Producers 1st Lien Senior Secured Debt 7.88% $26,998 26,673 27,128 0.11%
PF Finco PTY LTD (Hunter Premium Funding) Financial Services 1st Lien Senior Secured Debt B + 6.75% AUD 47,560 26,391 29,327 0.11%
PCP CW Aggregator Holdings II, L.P. (CardWorks, Inc.) Consumer Finance 1st Lien Senior Secured Debt S +7.75% PIK $26,337 26,267 26,409 0.10%
Alchemy US Holdco 1 LLC (Kymera International) Metals & Mining 1st Lien Senior Secured Debt E + 6.50% € 24,961 26,205 27,546 0.11%
Travelex Issuerco 2 PLC (Travelex) Financial Services 1st Lien Senior Secured Debt SN + 8.00% £21,850 26,199 29,573 0.11%
Club Car Wash Preferred, LLC (Wildcat Car Wash) Diversified Consumer Services Preferred Equity 15.00% PIK $26,027 26,027 26,027 0.10%
TPG VIII Merlin New Holdings I, L.P. (DirecTV) Asset Based Lending and Fund Finance Other Secured Debt S + 6.50% $26,185 26,003 26,071 0.10%
Sentinel Buyer Corp. (SimpliSafe Holding Corporation) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 5.00% $278,618 254,922 255,344 0.99%
Wharf Street Ratings Acquisition LLC (KBRA) Capital Markets 1st Lien Senior Secured Debt S + 4.75% $314,991 253,317 253,226 0.98%
Titan BW Borrower L.P. (Triumph Group Inc) Aerospace & Defense 1st Lien Senior Secured Debt S + 5.37% (incl 2.87% PIK) $252,766 250,494 250,679 0.97%
Shackleton Lower JVCO ULC (Payworks Inc) Software 1st Lien Senior Secured Debt CORRA + 4.50% CAD 59,673 25,594 25,894 0.10%
Meralm Bidco AB (Miss Group) IT Services 1st Lien Senior Secured Debt N + 6.25% (incl 2.25% PIK) NOK 272,456 25,430 26,010 0.10%
Link Apartments Opportunity Zone REIT, LLC Real Estate Management & Development Other Secured Debt S + 7.50% $25,725 25,332 25,467 0.10%
Sunzia UpperCo LLC (Pattern Energy Group) Independent Power and Renewable Electricity Producers 1st Lien Senior Secured Debt S + 5.00% $25,000 25,000 25,000 0.10%
Azurity Pharmaceuticals Inc (Azurity Pharmaceuticals) Pharmaceuticals 1st Lien Senior Secured Debt S + 7.00% $251,960 247,891 245,085 0.95%
Auditboard, Inc. Software 1st Lien Senior Secured Debt S + 4.50% $244,465 242,523 240,137 0.93%
Global Medical Response Inc (Global Medical Response) Health Care Providers & Services 1st Lien Senior Secured Debt S + 3.50% $25,000 24,941 25,034 0.10%
Sedgwick Claims Management Services Inc (Sedgwick) Professional Services 2nd Lien Senior Secured Debt S + 5.00% $25,000 24,796 25,142 0.10%

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Footnotes

  1. Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts and less any annual amortization of premiums, as applicable, on accruing (i) debt and (ii) other income producing securities, divided by (b) total accruing (i) debt and (ii) other income producing securities (at fair value). Actual yields earned over the life of each investment could differ materially from the yields presented above. Please refer to HLEND’s prospectus and filings, including Form 10-Q or Form 10-K for fair value disclosures.
  2. Private Investments represents level 3 investments in the investment portfolio where inputs to the valuation methodology are unobservable and significant to overall fair value measurement. Private investments includes investments in joint ventures.
  3. Based on the aggregate fair value of the investment portfolio as of February 28, 2026.
  4. Percentage based on aggregate fair value of accruing debt.
  5. Calculated with respect to all level 3 investments (or, with respect to weighted average loan to value, all level 3 debt investments) in the investment portfolio for which fair value is determined by the Investment Adviser (in its capacity as the investment adviser of HLEND, with assistance, at least quarterly, from a third-party valuation firm, and overseen by HLEND’s Board of Trustees), and excludes quoted assets and investments in joint ventures. In the case of weighted average EBITDA only, excludes investments with no reported EBITDA or where EBITDA, in the Investment Adviser’s judgement made in its discretion, was not a material component of the original investment thesis, such as loan-to-value-based loans, NAV-based loans or reorganized equity. Weighted average EBITDA is weighted based on the fair value of the total applicable level 3 investments. Loan to value is calculated as net debt through each respective investment tranche in which HLEND holds an investment divided by enterprise value or value of underlying collateral of the portfolio company. Weighted average loan to value is weighted based on the fair value of the total applicable level 3 debt investments. Excludes investments on non-accrual status as of October 31, 2024. Figures are derived from the most recent financial statements from portfolio companies.
  6. Includes “last out” portions of first lien senior secured loans.
  7. Secured debt at the holding company level.
  8. Based on MSCI / S&P Global Industry Classification Standard (“GICS”) industry definition. Totals may not sum due to rounding. 
  9. All figures are as of February 28, 2026 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.
  10. Other includes structured finance investments.
  11. Contractual rates on preferred equity investments may represent preference accruals that are not recognized through investment income of the fund and as such are not included in the calculation of yield. The fair value of these investments may be influenced by the stated preference accrual or a minimum return threshold.

Important Notice

This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where HPS Corporate Lending Fund (“HLEND”) is authorized for distribution.

Complete information about investing in shares of HLEND is available in the prospectus. An investment in HLEND involves risks.

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