Please join us for the HPS Corporate Lending Fund First Quarter 2024 Shareholder Update, May 21, 2024 Webcast
Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
MPH Acquisition Holdings LLC (Multiplan, Inc.) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $4,574 | 4,485 | 4,431 | 0.04% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $4,263 | 4,180 | 4,180 | 0.04% |
Asurion Corporation (Asurion) | Consumer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $4,132 | 4,095 | 3,747 | 0.04% |
AMMC CLO 21 LTD (American Money Management Corp) | Structured Finance | Structured Finance investments | SF + 6.76% | $4,126 | 3,682 | 3,921 | 0.04% |
Acrisure LLC | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.50% | $3,990 | 3,952 | 4,015 | 0.04% |
Verscend Holding Corp. (Verscend Holding Corp) | Finance and Credit Services | 1st Lien Senior Secured Debt | SF + 4.00% | $3,929 | 3,920 | 3,934 | 0.04% |
KUEHG Corp. (Kinder Care) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.00% | $3,837 | 3,827 | 3,853 | 0.04% |
TechInsights Inc. | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | SF + 6.63% | $3,526 | 3,477 | 3,522 | 0.04% |
ALM 2020 Ltd (ALM Loan Funding) | Structured Finance | Structured Finance investments | SF + 6.26% | $3,330 | 3,050 | 3,332 | 0.03% |
TriMech Acquisition Corp. (TriMech) | Software and Computer Services | 1st Lien Senior Secured Debt | P + 3.75% | $3,289 | 1,011 | 1,053 | 0.01% |
Plasma Buyer LLC (Path Group Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.25% | $3,153 | 581 | 486 | 0.00% |
Cadence - Southwick, Inc. (Cadence Engines) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.00% | $3,112 | 3,053 | 3,081 | 0.03% |
CENT CLO 16, L.P. | Structured Finance | Structured Finance investments | SF + 8.07% | $3,000 | 2,828 | 2,841 | 0.03% |
Shackleton 2019-XV CLO Ltd (Shackleton CLO LTD) | Structured Finance | Structured Finance investments | SF + 6.92% | $3,000 | 2,658 | 2,971 | 0.03% |
Allied Universal Holdco LLC (Allied Universal) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $2,993 | 2,986 | 2,993 | 0.03% |
AmWINS Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.75% | $2,970 | 2,964 | 2,979 | 0.03% |
Dryden 108 CLO Ltd (Dryden Senior Loan Fund) | Structured Finance | Structured Finance investments | $2,900 | 2,291 | 2,021 | 0.02% | |
Thrasio LLC (Thras IO Inc) | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $2,751 | 2,741 | 943 | 0.01% |
Tenet Healthcare Corp | Health Care Providers | 1st Lien Senior Secured Debt | 5.13% | $2,695 | 2,722 | 2,638 | 0.03% |
Monroe Capital MML CLO XIV LLC (Monroe Capital MML CLO) | Structured Finance | Structured Finance investments | SF + 10.02% | $2,500 | 2,345 | 2,500 | 0.03% |
Proofpoint, Inc. (Proofpoint Inc) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 3.25% | $2,384 | 2,384 | 2,388 | 0.02% |
AMMC CLO 21 LTD (American Money Management Corp) | Structured Finance | Structured Finance investments | SF + 3.36% | $2,150 | 1,935 | 2,162 | 0.02% |
Riley MergeCo LLC (Riskalyze, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.50% | $2,115 | 1,782 | 1,774 | 0.02% |
GoTo Group Inc (LogMeIn, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $2,016 | 2,016 | 1,741 | 0.02% |
CG PARENT INTERMEDIATE HOLDINGS, INC. (Colibri Group) | Consumer Services | Preferred Equity | 13.75% PIK | $2,000 | 1,940 | 2,096 | 0.02% |
Engage with HLEND
Start HereEngage with HLEND
Financial advisors can submit an inquiry using this form or engage with HPS at hlend@hpspartners.com. Individual investors should contact their financial advisor for more information.
Footnotes
- 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 or amortized cost, as applicable). Actual yields earned over the life of each investment could differ materially from the yields presented above.
- 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. Measured as total fair value of investments.
- Measured as the fair value of investments for each category relative to the total fair value of investments. Totals may not sum due to rounding.
- Measured as the fair value of debt investments.
- Calculated with respect to all private investments, including investments for which fair value is determined by HPS (in its capacity as the investment manager of HLEND) (with assistance, at least quarterly, from a third-party valuation firm, and overseen by HLEND’s Board of Trustees) and, in the case of weighted average EBITDA only, excludes investments where net debt to EBITDA may not be the appropriate measure of credit risk. Figures are derived from the financial statements most recently obtained by the Adviser. Weighted average EBITDA is weighted based on the fair value of our total applicable private debt investments.
- Other includes structured finance investments and investments in other secured investments.
- All figures are as of March 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.