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Showing 1 - 10 of 11 results for "HPS"

Blue Owl says its private credit loan books remain healthy

RIDDHIMA TALWANI  |  FRIDAY, 27 MAR 2026
... redemptions at 5% after increased demands of withdrawal by investors. Earlier this month, BlackRock also capped redemptions on its HPS Corporate Lending Fund, applying the 5% limit. "We have a little over $100 billion of loans, and so I feel like we ...

Fink doubles down on private markets ambitions

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... assets. It is the largest general insurance asset manager, according to Clearwater Analytics, with US$700 billion. Subsidiary HPS saw nearly US$20 billion of net inflows in 2025. "We have a strong fundraising and deployment roadmap ahead for 2026 and ...

Geopolitical risks, private credit threaten financial stability: RBA

KARREN VERGARA  |  FRIDAY, 20 MAR 2026
... pointed to some private credit funds experiencing an increase in redemption requests. BlackRock's private credit fund HPS Corporate Lending Fund (HLEND) is one example, activating its 5% limit after investors sought to take out US$1.2 billion. Blackstone ...

BlackRock caps outflows on US$27bn private credit fund

KARREN VERGARA  |  MONDAY, 9 MAR 2026
BlackRock has capped redemptions on its private credit fund HPS Corporate Lending Fund (HLEND), imposing the 5% limit after investors sought to yank out US$1.2 billion. Subsidiary HPS Investments Partners, which BlackRock acquired in 2024 for US$12 ...

Betashares details private markets play, signs first partner

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
... to more than 3900 direct loans to primarily US middle market companies. Cliffwater partners other lenders, such as Carlyle, HPS and Barings, to build a portfolio of loans with attractive yields, Betashares explained. The fund is currently valued at about ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... risks provided by material service providers. The new standard replaces five others: CPS 231 Outsourcing, SPS 231 Outsourcing, HPS 231 Outsourcing, CPS 232 Business Continuity Management and SPS 232 Business Continuity Management. APRA member Therese ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
... and ultimately greater investability, within private markets," Fink said. In late 2024, it acquired private credit manager HPS Investment Partners for US$12 billion. Fink flagged that these private assets are due for indexation. "With clearer, more timely ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
BlackRock is set to acquire credit manager HPS Investment Partners for US$12 billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott ...

APRA defers CPS 230 introduction

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... Prudential Standard SPS 232 Business Continuity Management (SPS 232) and the private health insurance standard Prudential Standard HPS 231 Outsourcing (HPS 231). It is intended to improve operational risk practices through enhanced focus of boards and ...

APRA consults on new operational risk standards

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
... CPS 232 Business Continuity Management, superannuation standards SPS 231 and SPS 232, and private health insurance standard HPS 231. The standards come in response to changing business models and developments in good practice, APRA chair Wayne Byres ...
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