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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 October 31, 2025

$24.4B

Investments at Fair Value

9.7%

Portfolio Yield at Fair Value1

93%

Private Investments2

97%

First Lien Exposure3

99%

Floating Rate4

$246M

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
LOCI Bidco Limited (Law Business Research) Media 1st Lien Senior Secured Debt S + 5.25% $12,087 11,848 12,208 0.05%
LOCI Bidco Limited (Law Business Research) Media 1st Lien Senior Secured Debt SN + 5.25% £73,522 91,568 97,581 0.40%
LC Ahab US Bidco LLC (AmaWaterways) Travel and Leisure 1st Lien Senior Secured Debt S + 3.00% $10,112 9,959 10,150 0.04%
Kryptona Bidco US, LLC (Kyriba) Software and Computer Services 1st Lien Senior Secured Debt S + 5.50% $16,852 (295) (199) 0.00%
Kryptona Bidco US, LLC (Kyriba) Software and Computer Services 1st Lien Senior Secured Debt E + 6.00% (incl 3.25% PIK) € 36,570 37,365 41,677 0.17%
Kryptona Bidco US, LLC (Kyriba) Software and Computer Services 1st Lien Senior Secured Debt S + 6.00% (incl 3.25% PIK) $158,023 155,326 156,154 0.64%
Kpler Finance SA Software and Computer Services 1st Lien Senior Secured Debt S + 6.25% $40,000 17,441 17,680 0.07%
Kpler Finance SA Software and Computer Services 1st Lien Senior Secured Debt S + 6.75% (incl 3.63% PIK) $142,563 140,645 141,454 0.58%
Kona Buyer, LLC (Redsail Technologies) Software and Computer Services 1st Lien Senior Secured Debt S + 4.50% $204,362 119,266 121,098 0.50%
Koala Investment Holdings Inc (Keystone Agency Partners) Non-life Insurance 1st Lien Senior Secured Debt S + 4.50% $152,429 116,637 116,639 0.48%
Knitwell Borrower LLC (Knitwell) Retailers 1st Lien Senior Secured Debt S + 7.75% $163,223 160,888 161,545 0.66%
Kaseya Inc (Kaseya) Software and Computer Services 1st Lien Senior Secured Debt S + 3.25% $20,365 20,256 20,389 0.08%
Kabafusion Parent LLC (Kabafusion LLC) Health Care Providers 1st Lien Senior Secured Debt S + 5.00% $160,061 146,927 148,697 0.61%
KUEHG Corp. (Kinder Care) Consumer Services 1st Lien Senior Secured Debt S + 2.75% $2,368 2,364 2,364 0.01%
June Purchaser LLC (Janney Montgomery Scott) Investment Banking and Brokerage Services 1st Lien Senior Secured Debt S + 2.75% $11,285 9,623 9,731 0.04%
Jump Financial LLC Investment Banking and Brokerage Services 1st Lien Senior Secured Debt S + 3.50% $3,896 3,885 3,913 0.02%
Jones Deslauriers Insurance Management Inc (Navacord Inc.) Non-life Insurance 1st Lien Senior Secured Debt 8.50% $14,487 14,473 15,226 0.06%
Johnstone Supply LLC Retailers 1st Lien Senior Secured Debt S + 2.50% $6,243 6,236 6,260 0.03%
Integrity Marketing Acquisition LLC (Integrity Marketing Group) Non-life Insurance 1st Lien Senior Secured Debt S + 5.00% $67,533 65,545 65,850 0.27%
Inflexion BFVI Financing Limited Asset Based Lending and Fund Finance Other Secured Debt SN +4.50% PIK £40,316 53,392 52,597 0.22%
Indigo Purchaser, Inc. (Intuitive Health) Health Care Providers 1st Lien Senior Secured Debt S + 5.00% $154,631 110,999 114,402 0.47%
ImageFIRST Holdings, LLC Consumer Services 1st Lien Senior Secured Debt S + 3.00% $4,655 4,644 4,670 0.02%
IXM Holdings, Inc. (Impact) Consumer Services 1st Lien Senior Secured Debt S + 6.25% $24,856 22,066 22,320 0.09%
IRI Group Holdings, Inc. (Circana Group, LP.) Software and Computer Services 1st Lien Senior Secured Debt S + 4.25% $206,163 204,688 208,225 0.85%
IRI Group Holdings, Inc. (Circana Group, LP.) Software and Computer Services 1st Lien Senior Secured Debt P + 3.50% $19,562 (130) - 0.00%

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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 October 31, 2025.
  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 FTSE / DJ Industry Classification Benchmark (“ICB”) sector definition. Totals may not sum due to rounding.
  9. All figures are as of October 31, 2025 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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