New york: HPS Investment Partners, a global credit-focused alternative investment firm, and Lunate, an independent global investment firm managing over $110 billion in assets, have announced a strategic collaboration to introduce the HPS Strategic Solutions Partners Platform. The initiative aims to provide privately negotiated preferred and common equity investments, alongside related debt investments, targeting large corporates primarily in the United States and Europe.
According to Emirates News Agency, Lunate is set to anchor the newly launched Platform with a long-term commitment of at least $1 billion. The collaboration between HPS and Lunate will also facilitate access for investors from the MENA region to the Platform. As the market for private credit expands globally, large businesses are increasingly seeking structured capital solutions to address their financing requirements. This demand, coupled with a limited supply of available capital, presents a significant opportunity for investment platforms that can offer tailored solutions at scale.
Building on their existing relationship, Lunate and HPS aim to co-create a platform that captures these opportunities and delivers value for both corporates and investors. The Platform will employ a rigorous investment selection process to identify companies with stable business models, historically demonstrating resilience. These companies will receive bespoke financing solutions to support their strategic growth objectives.
Scot French, Founding Partner and Co-President of HPS, emphasized the appeal of market dynamics for customized capital solutions, noting that the partnership with Lunate will enhance their ability to scale their capital base across various equity strategies. Khalifa Al Suwaidi, Managing Partner of Lunate, highlighted the collaboration as a means to provide clients access to differentiated strategies in the global private credit market, leveraging HPS’ investment expertise.
Scott Kapnick, Chief Executive Officer of HPS, expressed enthusiasm about the partnership with Lunate, anticipating the identification and capitalization on new market opportunities that could deliver greater value to clients and portfolio companies. The Platform’s launch is contingent upon customary market and regulatory approvals.