July 3, 2018

Willkie represented Dyal Capital Partners in connection with its acquisition of a minority equity stake in HPS Investment Partners.

On July 3, it was announced that Willkie client Dyal Capital Partners acquired a minority equity stake in HPS Investment Partners.

Dyal Capital Partners, a division of Neuberger Berman, acquires minority equity interests in institutional alternative asset management businesses worldwide. Established in 2011, Dyal Capital currently has 32 minority partnerships.

HPS Investment Partners is a leading global credit investment manager with over $45 billion in assets under management. HPS manages various strategies across the capital structure that include syndicated leveraged loans and high-yield bonds to privately negotiated senior secured debt and mezzanine investments, asset-based leasing and private equity.

The Willkie deal team was led by partners David Boston and Bradley Friedman.