HPS Corporate Capital Solutions Fund 8-K

What Happened
HPS Corporate Capital Solutions Fund filed an 8-K on January 28, 2026 reporting unregistered sales of common shares, the fund’s net asset value (NAV) as of December 31, 2025, and its January 2026 regular distributions. The Fund sold shares on January 1, 2026 (purchase price and quantities finalized January 27, 2026) at $27.07 per share. The filing also reports a December 31, 2025 NAV of $27.07 per share and declared a regular distribution of $0.1390 per share payable around February 27, 2026 to shareholders of record on January 31, 2026.

Key Details

• Unregistered share sales (Jan 1, 2026; finalized Jan 27, 2026): Class I — 211,127 shares for $5.72M; Class D — 523,919 shares for $14.18M; Class S — none. Sales were made under subscription agreements and relied on exemptions under Section 4(a)(2) and Regulation D or S.
• NAV and balance sheet (as of Dec 31, 2025): NAV per share $27.07 for all classes; aggregate NAV $1,248.0M; investment portfolio fair value $2,177.8M; principal debt outstanding $928.7M; average debt-to-equity ~0.70x in Dec 2025.
• Offering status (through Jan 1, 2026 subscriptions): cumulative sales — Class I: 2,707,830 shares ($72.76M); Class D: 43,569,634 shares ($1,130.91M); total offering: 46,277,464 shares ($1,203.67M). The Fund intends to continue monthly share sales.
• Distributions (declared Jan 27, 2026): Gross $0.1390 per share for all classes; servicing/distribution fees — Class I $0.0000, Class D $0.0057, Class S $0.0195; resulting net distributions: Class I $0.1390, Class D $0.1333, Class S $0.1195. Payments in cash or via reinvestment plan.

Why It Matters

• The Fund raised additional capital through subscription-based, exempt share issuances at $27.07 per share (equal to the reported NAV), which increases assets under management and provides cash for investments or liabilities.
• The declared monthly distribution ($0.1390 gross per share) is relevant for income-focused investors and may be taken in cash or reinvested.
• The reported leverage (principal debt $928.7M; average debt-to-equity ~0.70x) and portfolio fair value give investors a snapshot of the Fund’s balance-sheet risk and scale as of year-end.
• The Fund plans to continue monthly offerings, which may dilute existing holders over time but also fund growth or debt reduction depending on deployment.