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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
Aspen Dental Management Inc. (ADMI Corp) (Aspen Dental Management Inc.) Health Care Providers 1st Lien Senior Secured Debt S + 3.75% $3,276 3,236 3,094 0.01%
Flynn Restaurant Group LP Travel and Leisure 1st Lien Senior Secured Debt S + 3.75% $20,091 20,001 20,193 0.08%
ION Platform Finance US Inc (ION Platform) Software and Computer Services 1st Lien Senior Secured Debt S + 3.75% $20,000 19,802 19,625 0.08%
Priority Holdings, LLC (Priority Technology) Industrial Support Services 1st Lien Senior Secured Debt S + 3.75% $4,058 4,049 4,065 0.02%
Rocket Software Inc (Rocket Software) Software and Computer Services 1st Lien Senior Secured Debt S + 3.75% $12,166 11,922 12,135 0.05%
Alpine US Bidco LLC (Aspire Bakeries) Food Producers 1st Lien Senior Secured Debt S + 3.50% $9,466 9,435 9,537 0.04%
Amneal Pharmaceuticals LLC (Amneal Pharmaceuticals) Pharmaceuticals and Biotechnology 1st Lien Senior Secured Debt S + 3.50% $7,800 7,781 7,875 0.03%
Apex Group Treasury LLC (Apex Group) Investment Banking and Brokerage Services 1st Lien Senior Secured Debt S + 3.50% $13,514 13,393 12,678 0.05%
CohnReznick Advisory LLC (CohnReznick) Industrial Support Services 1st Lien Senior Secured Debt S + 3.50% $11,624 9,380 9,493 0.04%
DRW Holdings LLC Investment Banking and Brokerage Services 1st Lien Senior Secured Debt S + 3.50% $13,209 13,151 12,978 0.05%
Fortis 333 Inc (Alta Performance Materials) Chemicals 1st Lien Senior Secured Debt S + 3.50% $2,244 2,239 2,173 0.01%
Global Medical Response Inc (Global Medical Response) Health Care Providers 1st Lien Senior Secured Debt S + 3.50% $25,000 24,938 25,135 0.10%
Guardian US Holdco LLC (Intrado Safety) Telecommunications Equipment 1st Lien Senior Secured Debt S + 3.50% $7,821 7,724 7,839 0.03%
Jump Financial LLC Investment Banking and Brokerage Services 1st Lien Senior Secured Debt S + 3.50% $3,896 3,885 3,913 0.02%
Mediaocean LLC Software and Computer Services 1st Lien Senior Secured Debt S + 3.50% $6,772 6,768 6,752 0.03%
Precision Medicine Group, LLC Health Care Providers 1st Lien Senior Secured Debt S + 3.50% $8,000 7,961 8,003 0.03%
Sophos Holdings LLC (Sophos) Software and Computer Services 1st Lien Senior Secured Debt S + 3.50% $2,359 2,357 2,364 0.01%
Summit Acquisition Inc. (K2 Insurance Services LLC) Non-life Insurance 1st Lien Senior Secured Debt S + 3.50% $17,456 17,382 17,514 0.07%
Allied Universal Holdco LLC (Allied Universal) Industrial Support Services 1st Lien Senior Secured Debt S + 3.25% $13,112 13,096 13,180 0.05%
Cloud Software Group Inc (Citrix) Software and Computer Services 1st Lien Senior Secured Debt S + 3.25% $18,765 18,765 18,788 0.08%
Dechra Finance US LLC (Dechra) Pharmaceuticals and Biotechnology 1st Lien Senior Secured Debt S + 3.25% $4,146 4,137 4,162 0.02%
Hunter Douglas Inc (Hunter Douglas) Household Goods and Home Construction 1st Lien Senior Secured Debt S + 3.25% $2,289 2,278 2,298 0.01%
Kaseya Inc (Kaseya) Software and Computer Services 1st Lien Senior Secured Debt S + 3.25% $20,365 20,256 20,389 0.08%
Trucordia Insurance Services LLC (Trucordia) Non-life Insurance 1st Lien Senior Secured Debt S + 3.25% $6,915 6,899 6,949 0.03%
Zelis Payments Buyer, Inc. (ZelisRedCard) Software and Computer Services 1st Lien Senior Secured Debt S + 3.25% $4,963 4,941 4,928 0.02%

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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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