Investors in the $13 billion HPS Corporate Lending Fund are facing another quarter of limited access to their money, sparking concerns about the fund's liquidity. The decision by HPS Investment Partners, a leading alternative investment manager, marks the second consecutive quarter that withdrawals from the fund have been restricted. The move is likely a response to market volatility and a decrease in investor demand, which has become a trend in the alternative lending space. As a result, investors may be left holding onto their stakes in the fund for an extended period, potentially impacting their ability to diversify their portfolios or access their capital when needed.
The firm’s $13bn HPS Corporate Lending Fund limits withdrawals for a second consecutive quarter
