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Fried Frank Reps HPS In $11B Credit card debt-Targeted Fund

Regulation360 (Oct 5, 2020, 3:42 PM EDT) — New York-based financial commitment firm HPS mentioned Monday that its financial debt investment decision-focused fund HPS Mezzanine Associates 2019 has shut with more than $11 billion, like $9 billion in equity commitments from buyers, in a deal guided by Fried Frank.

HPS Financial commitment Partners LLC, encouraged by Fried Frank Harris Shriver & Jacobson LLP, mentioned in an announcement the fundraise surpassed the $8 million in equity investments it hoped to raise. The corporation said it would commit the resources to investing in junior personal debt and certain investment devices related to fairness in a variety of North American and European industries.

Scot French, a single of…

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