BlackRock completes HPS acquisition; fund enters identical new advisory agreements

HPS Corporate Lending Fund

BlackRock completed acquisition of HPS on July 1, 2025, creating Private Financing Solutions with $190B in client assets.
HPS Corporate Lending Fund entered new investment advisory, managing dealer, and administration agreements, substantively identical to prior.
Scott Kapnick, Scot French, and Michael Patterson will lead the combined platform; Kapnick appointed observer to BlackRock board.
HPS strategies (SIP, SLF, CSL, HLEND) retain their branding within BlackRock's integrated platform.

item 1.01item 1.02item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.