HPS Corporate Capital Solutions Fund Surveillance Report

Company Profile

Formed in August 2023 as a Delaware statutory trust, HPS Corporate Capital Solutions Fund (“HCAP” or the “Company”) is a perpetual-life, externally managed, non-diversified closed-end management investment company that has elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940. For tax purposes, the company has elected to be treated as a regulated investment company (“RIC”).
HCAP is externally managed by HPS Advisors, LLC (“Adviser”), a wholly owned subsidiary of HPS Investment Partners, LLC (“HPS”), a subsidiary of BlackRock Inc. (NYSE: BLK), which together with other strategies formed Private Financing Solutions (“PFS”), which oversees $381 billion of assets under management (“AUM”) as of 4Q25.
In July 2025, BlackRock Inc. completed its acquisition of HPS.
As a perpetual-life BDC, HCAP raises equity monthly and currently offers to repurchase shares on a quarterly basis, subject to the…