A side-by-side comparison of HPS Investment Partners and Lexington Partners across firm type, scale, strategy, and geography.
HPS Investment Partners manages roughly 2.3× the assets of the other firm.
No overlapping asset classes — these firms operate in entirely separate markets.
| HPS Investment Partners | Lexington Partners | |
|---|---|---|
| Basics | ||
| Firm type | Asset Manager | Asset Manager |
| Country | United States | United States |
| Founded | 2007 | 1994 |
| Firm age | 19 yrs | 32 yrs |
| Roles | Gp | Lp, Gp |
| Scale & AUM | ||
| AUM | $197B | $84B |
| Market position | Giant ($100–500B) | Large ($20–100B) |
| AUM ratio | 2.3× larger | |
| Strategy & Focus | ||
| Investment style | fixed income-focused | Multi-asset |
| Diversification | Broad | Broad |
| Strategies | 17 — Direct Lending, First Lien, Unitranche, Senior Secured | 10 — LP-led Secondaries, GP-led Secondaries, Continuation Vehicles, Co-investment |
| Asset classes | fixed income, private credit | secondaries, private equity, venture capital |
| Geography | ||
| Geographic bias | North America | United States |
| Regions | North America, Western Europe, Australia, New Zealand | |
| Fund Portfolio | ||
| Published funds | 6 | 1 |
| Largest fund | HPS Strategic Investment Partners V | Lexington Capital Partners X |
| Vintage range | — | 2023 |
| Fund statuses | Closed (4), Fundraising (2) | Closed (1) |
| Team | ||
| Total contacts | 21 | 50 |
| Team-to-AUM ratio | 0.1 per $B | 0.6 per $B |
| Network & Relationships | ||
| Connectivity | 48/100 | 23/100 |
| Network strength | 19/100 | 3/100 |
| Relationships | 9 | 2 |
| Relationship density | Moderate | Low |
| Network maturity | Emerging | Emerging |
| Similarity | ||
| Overall similarity | 11% | |
HPS Investment Partners is a asset manager based in United States, while Lexington Partners is a asset manager based in United States. This page compares their firm type, assets under management, strategies, and geographic focus.
By reported AUM, HPS Investment Partners is larger ($197B vs $84B).