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 March 31, 2026

$25.0B

Investments at Fair Value

9.3%

Portfolio Yield at Fair Value1

94%

Private Investments2

95%

First Lien Exposure3

99%

Floating Rate4

$255M

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
Femur Buyer Inc (Orchid Orthopedic Solutions, LLC) Health Care Equipment & Supplies 1st Lien Senior Secured Debt S +7.50% PIK $ 111,760 109,880 109,473 0.44%
Truck-Lite Co, LLC (Clarience Technologies) Electrical Equipment 1st Lien Senior Secured Debt S + 4.75% $ 156,953 106,667 108,854 0.44%
Birdie Bidco, Inc. (Concert Golf Partners) Hotels, Restaurants & Leisure 1st Lien Senior Secured Debt S + 4.75% (incl 2.25% PIK) $ 135,217 106,802 106,657 0.43%
Retail Services WIS Corporation (Retail Services WIS Corp) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 6.50% $ 135,083 106,739 106,440 0.43%
Formerra LLC (Formerra) Chemicals 1st Lien Senior Secured Debt S + 7.25% $ 119,471 105,731 105,536 0.42%
Harp Finco LTD (Hargreaves Lansdown PLC) Financial Services 1st Lien Senior Secured Debt SN + 5.00% £ 80,898 102,971 105,691 0.42%
OEConnection LLC Software 1st Lien Senior Secured Debt S + 4.50% $ 131,271 103,711 105,055 0.42%
Violin Finco Guernsey Limited (Evelyn Partners) Financial Services 1st Lien Senior Secured Debt SN + 5.25% £ 86,416 100,935 106,144 0.42%
WCAS XIV Primary Care Investors, L.P. Health Care Providers & Services 1st Lien Senior Secured Debt S + 6.25% $ 106,352 104,617 104,506 0.42%
Bamboo US BidCo LLC (Simtra BioPharma Solutions) Life Sciences Tools & Services 1st Lien Senior Secured Debt S + 5.00% $ 103,380 101,482 103,380 0.41%
ClubCorp Holdings Inc Hotels, Restaurants & Leisure 1st Lien Senior Secured Debt S + 4.75% $ 120,588 102,818 103,250 0.41%
NTH Degree Purchaser Inc (Nth Degree) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 5.25% $ 147,273 98,086 100,348 0.40%
Omega II AB (Fortnox AB) Software 1st Lien Senior Secured Debt ST + 4.25% SEK 943,460 97,195 100,684 0.40%
Phantom Purchaser Inc (Pharmacord LLC) Life Sciences Tools & Services 1st Lien Senior Secured Debt S + 4.75% $ 115,837 99,291 99,733 0.40%
Saber Parent Holdings Corp (Service Logic LLC) Building Products 1st Lien Senior Secured Debt S + 4.75% (incl 2.25% PIK) $ 100,952 100,471 99,887 0.40%
Tex-Tech Industries, Inc. Aerospace & Defense 1st Lien Senior Secured Debt S + 4.75% $ 115,893 99,552 99,624 0.40%
United Musculoskeletal Partners Acquisition Holdings, LLC Health Care Providers & Services 1st Lien Senior Secured Debt S + 5.75% $ 100,339 99,559 99,685 0.40%
Vital Bidco AB (Vitamin Well Group) Beverages 1st Lien Senior Secured Debt S + 4.25% $ 113,563 94,854 97,638 0.39%
EasyPark Strategy AB Software 1st Lien Senior Secured Debt E + 4.75% € 83,304 86,529 94,648 0.38%
Legends Hospitality Holding Company, LLC (Legends Hospitality, LLC) Hotels, Restaurants & Leisure 1st Lien Senior Secured Debt S + 5.50% (incl 2.75% PIK) $ 96,533 94,498 94,882 0.38%
Orthrus Ltd (Ocorian) Financial Services 1st Lien Senior Secured Debt S + 6.25% (incl 2.75% PIK) $ 95,971 94,647 94,834 0.38%
WorkWave Intermediate II, LLC Software 1st Lien Senior Secured Debt S + 5.75% $ 106,275 95,150 94,272 0.38%
Arcfield Acquisition Corp (TigerCub) Aerospace & Defense 1st Lien Senior Secured Debt S + 5.00% $ 102,353 88,449 89,201 0.36%
Coretrust Purchasing Group LLC Commercial Services & Supplies 1st Lien Senior Secured Debt S + 5.25% $ 106,027 89,106 90,222 0.36%
Specialty Ingredients, LLC (Parker Products Holdings, LLC) Food Products 1st Lien Senior Secured Debt S + 4.75% $ 99,039 89,124 89,733 0.36%

Engage with HLEND

Start Here

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 March 31, 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 March 31, 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.

Download Prospectus

I acknowledge that (i) I have received the Prospectus and (ii) either (a) I am a United States resident or (b) I have otherwise received authorization from HLEND or my broker-dealer/registered investment advisor to access the contents of this website.

By selecting a country or state from the above list, you certify that you are resident in that country or state.

Leave Site