Challenging Wall Street: HPS Investment Partners

HPS Investment Partners, a private credit firm, is challenging traditional Wall Street lending with its rapid growth and direct lending approach, posing a threat to Wall Street giants. The firm's founders, with backgrounds at Goldman Sachs, have disrupted the traditional lending space by providing loans to riskier companies, causing concerns about transparency and illiquidity. The article traces HPS' journey from its inception within JPMorgan to its buyout and subsequent growth, highlighting its significant impact on the financial industry.