Highbridge Closes with $3B for HPS Specialty Loan Fund
June 24, 2013
Highbridge Principal Strategies, a global credit and private investment firm, has raised $3 billion for its HPS Specialty Loan Fund III. The fund will primarily invest in newly-issued, secured debt in refinancings, acquisitions and restructurings by middle-market companies, as well as companies in special situations. HPS is a subsidiary of Highbridge Capital Management and J.P. Morgan Asset Management.