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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 April 30, 2026

$24.8B

Investments at Fair Value

9.3%

Portfolio Yield at Fair Value1

94%

Private Investments2

95%

First Lien Exposure3

99%

Floating Rate4

$251M

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
Tricentis Operations Holdings Inc (Tricentis) Software 1st Lien Senior Secured Debt S + 6.00% (incl 3.25% PIK) $141,162 140,051 137,711 0.55%
Aventine Intermediate LLC (Blackstone Media) Entertainment 1st Lien Senior Secured Debt S + 6.00% (incl 3.50% PIK) $12,393 12,329 11,088 0.04%
NBG Acquisition Corp. (Nexus Brands Group) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 6.00% (incl 3.50% PIK) $27,901 27,287 21,164 0.09%
Spruce Bidco II Inc (Vantive) Health Care Equipment & Supplies 1st Lien Senior Secured Debt S + 6.24% $946 934 937 0.00%
Bain Capital Credit CLO 2024-3 Ltd (Bain Capital Credit CLO, Limit) Structured Finance Structured Finance investments S + 6.25% $2,000 2,000 1,951 0.01%
Chord Searchlight, L.P Entertainment Other Secured Debt S + 6.25% $76,007 (1,140) (806) 0.00%
Plasma Buyer LLC (Path Group Inc.) Health Care Providers & Services 1st Lien Senior Secured Debt S + 6.25% $3,374 3,093 1,887 0.01%
Ribbon Communications Operating Company, Inc Communications Equipment 1st Lien Senior Secured Debt S + 6.25% $61,007 53,876 54,183 0.22%
WCAS XIII Primary Care Investors, L.P. Health Care Providers & Services 1st Lien Senior Secured Debt S + 6.25% $135,630 134,198 133,357 0.54%
WCAS XIV Primary Care Investors, L.P. Health Care Providers & Services 1st Lien Senior Secured Debt S + 6.25% $106,352 104,638 104,490 0.42%
WP CPP Holdings, LLC (Consolidated Precision Products) Aerospace & Defense 1st Lien Senior Secured Debt S + 6.25% $208,225 205,482 208,225 0.84%
Orthrus Ltd (Ocorian) Financial Services 1st Lien Senior Secured Debt S + 6.25% (incl 2.75% PIK) $95,971 94,666 94,750 0.38%
720 East CLO V, Ltd. Structured Finance Structured Finance investments S + 6.30% $4,000 4,000 3,990 0.02%
AB Centers Acquisition Corporation (Action Behavior Centers LLC) Health Care Providers & Services 1st Lien Senior Secured Debt S + 6.32% $2,023 2,009 2,012 0.01%
DigiCert Inc Software 1st Lien Senior Secured Debt S + 6.40% $1,990 1,965 1,929 0.01%
Associations Inc. Real Estate Management & Development 1st Lien Senior Secured Debt S + 6.50% $62,609 56,877 56,910 0.23%
Axiom Buyer, LLC (Axiom) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 6.50% $182,453 157,153 157,582 0.63%
Einstein Parent Inc (Smartsheet) Software 1st Lien Senior Secured Debt S + 6.50% $9,745 (154) (317) 0.00%
LSF12 Donnelly Bidco, LLC (Carlisle Fluid) Machinery 1st Lien Senior Secured Debt S + 6.50% $19,429 19,152 19,429 0.08%
Octagon 63 Ltd Structured Finance Structured Finance investments S + 6.50% $3,000 3,000 2,995 0.01%
RH Buyer Inc (Robinson Helicopter Co) Aerospace & Defense 1st Lien Senior Secured Debt S + 6.50% $129,599 127,561 124,040 0.50%
TPG VIII Merlin New Holdings I, L.P. (DirecTV) Asset Based Lending and Fund Finance Other Secured Debt S + 6.50% $20,769 20,648 20,679 0.08%
Technology Growth Capital Pty Ltd (Nitro Software Inc) Software 1st Lien Senior Secured Debt S + 6.50% $30,127 29,551 29,528 0.12%
Time Manufacturing Company Machinery 1st Lien Senior Secured Debt S + 6.50% $13,168 12,798 10,266 0.04%
W3 TopCo LLC (Total Safety) Trading Companies & Distributors 1st Lien Senior Secured Debt S + 6.50% $87,380 85,361 76,730 0.31%

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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 April 30, 2026.
  4. Percentage based on aggregate fair value of performing debt and other income producing securities (excluding investments in joint ventures).
  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 April 30, 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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