HPS Corporate Capital Solutions Fund 8-K

What Happened
HPS Corporate Capital Solutions Fund filed an 8-K (May 28, 2026) reporting its April 30, 2026 NAV of $26.93 per share, the sale of shares under subscription on May 1 (purchase price finalized May 27 at $26.93/share), and a regular distribution declaration on May 27. The Fund will pay the $0.1390 gross per-share distribution to shareholders of record as of May 31, 2026, on or about June 30, 2026 (cash or reinvestment).

Key Details

• NAV and portfolio: NAV per share (Apr 30, 2026) — Class I/D/S: $26.93; aggregate NAV $1,342.7 million; investment portfolio fair value $2,218.2 million; principal debt outstanding $898.0 million; April average debt-to-equity ≈ 0.67x.
• May 1, 2026 share sales (price finalized May 27 at $26.93/share): Class I — 158,931 shares ($4.28M); Class D — 566,580 shares ($15.26M); Class S — none. Issuances were made under subscription agreements and exempt from registration (Section 4(a)(2) and Regulation D or S).
• Cumulative offering through May 1, 2026: Class I — 3,369,885 shares ($90.62M); Class D — 46,499,492 shares ($1,209.97M); Total offering ~49,869,377 shares ($1,300.59M). The Fund intends to continue monthly share sales.
• Distribution details (declared May 27, 2026): Gross $0.1390/share for all classes; shareholder servicing/distribution fees — Class I $0.00, Class D $0.0057, Class S $0.0194; net distributions accordingly.

Why It Matters
For investors, the filing confirms the Fund’s per-share NAV ($26.93) and that it continues to raise capital via monthly share offerings, which increases assets under management and may dilute per-share metrics depending on use of proceeds. The declared $0.1390 distribution (payable ~June 30) is a near-term cash event or reinvestment option for shareholders. The reported debt level ($898.0M) and debt-to-equity ratio (~0.67x) give a snapshot of the Fund’s leverage as of April 2026. The share issuances were sold under private subscription exemptions, meaning they were placed with accredited or non-U.S. investors rather than via a public registration.