other material
confidence high
sentiment neutral
materiality 0.25
HPS Corporate Lending Fund amends advisory, admin agreements and declaration of trust per state regulator comments
HPS Corporate Lending Fund
- Second Amended and Restated Investment Advisory Agreement updates indemnification/exculpation provisions for Adviser and Administrator and clarifies expense allocation.
- Third Amended and Restated Administration Agreement similarly updates indemnification/exculpation and expense clarity for Administrator.
- Seventh Amended and Restated Declaration of Trust clarifies that certain Administrator costs will not be borne by the Fund.
- All amendments were adopted November 27, 2024, in response to comments from state securities regulators on the Fund's ongoing share offering.