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 January 31, 2026

$25.6B

Investments at Fair Value

9.3%

Portfolio Yield at Fair Value1

93%

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
Advarra Holdings, Inc. (Advarra, Inc.) Life Sciences Tools & Services 1st Lien Senior Secured Debt S + 4.50% $215,082 207,493 211,212 0.82%
Atlas Borrower, LLC (AnovoRx) Pharmaceuticals 1st Lien Senior Secured Debt S + 4.50% $103,467 87,258 87,423 0.34%
Birdie Bidco, Inc. (Concert Golf Partners) Hotels, Restaurants & Leisure 1st Lien Senior Secured Debt S + 4.50% $104,338 103,830 103,839 0.41%
Bottomline Technologies, Inc. Software 1st Lien Senior Secured Debt S + 4.50% $4,851 4,443 4,491 0.02%
Cambrex Corporation Life Sciences Tools & Services 1st Lien Senior Secured Debt S + 4.50% $150,930 110,771 113,429 0.44%
Captive Resources Midco LLC (Captive Resources Midco, LLC) Professional Services 1st Lien Senior Secured Debt S + 4.50% $98,518 90,047 90,960 0.36%
Chartis Group LLC (The Chartis Group, LLC) Professional Services 1st Lien Senior Secured Debt S + 4.50% $14,716 -117 - 0.00%
Crunch Holdings LLC (Crunch Fitness) Hotels, Restaurants & Leisure 1st Lien Senior Secured Debt S + 4.50% $58,354 58,092 58,937 0.23%
Databricks Inc (Databricks) Software 1st Lien Senior Secured Debt S + 4.50% $168,061 136,753 136,648 0.53%
Empower Payments Investor, LLC (RevSpring) Financial Services 1st Lien Senior Secured Debt S + 4.50% $237,331 207,468 208,509 0.81%
Galway Borrower LLC Insurance 1st Lien Senior Secured Debt S + 4.50% $121,660 117,421 117,701 0.46%
Global Music Rights, LLC Entertainment 1st Lien Senior Secured Debt S + 4.50% $439,167 435,467 443,559 1.73%
Kona Buyer, LLC (Redsail Technologies) Software 1st Lien Senior Secured Debt S + 4.50% $204,058 119,014 121,158 0.47%
More Cowbell II, LLC (Standish) Financial Services 1st Lien Senior Secured Debt S + 4.50% $36,476 35,998 36,135 0.14%
NDT Global Holding Inc. (NDT Global) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 4.50% $210,697 144,403 145,096 0.57%
NP Kaba Megersub, Inc. (Kabafusion LLC) Health Care Providers & Services 1st Lien Senior Secured Debt S + 4.50% $205,216 172,317 172,317 0.67%
OEConnection LLC Software 1st Lien Senior Secured Debt S + 4.50% $131,271 103,691 104,891 0.41%
Oak Funding LLC Financial Services 1st Lien Senior Secured Debt S + 4.50% $220,000 198,293 198,333 0.77%
Pike Corporation (Pike Corp) Construction & Engineering 1st Lien Senior Secured Debt S + 4.50% $164,001 118,204 118,205 0.46%
Puma Buyer LLC (Pantherx Rare) Consumer Staples Distribution & Retail 1st Lien Senior Secured Debt S + 4.50% $15,248 -91 -74 0.00%
QBS Parent Inc (Quorum Software) Software 1st Lien Senior Secured Debt S + 4.50% $43,247 39,247 39,628 0.15%
Star Holding LLC (US Silica) Metals & Mining 1st Lien Senior Secured Debt S + 4.50% $4,243 4,224 4,173 0.02%
Vaxcare Intermediate II LLC (VaxCare) Health Care Providers & Services 1st Lien Senior Secured Debt S + 4.50% $11,986 -109 - 0.00%
Victors Purchaser LLC (Service Express) Commercial Services & Supplies 1st Lien Senior Secured Debt S + 4.50% $90,909 74,156 74,198 0.29%
Artifact Bidco, Inc. (Avetta, LLC) Software 1st Lien Senior Secured Debt S + 4.40% $8,005 -60 - 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 January 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 January 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.

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