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PC · PRIVATE CREDIT

BlackRock HPS Credit Strategies Fund

BlackRock · Multi-Strategy Credit Interval Fund

Program Overview

Multi-Strategy Credit Interval Fund
BlackRock HPS Credit Strategies Fund
Peer Group Filters
Objectives
IncomeCapital AppreciationCapital PreservationDiversificationTotal Return
Asset Class
Private Credit
Vehicle
Interval Fund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Private Credit
Issuer
BlackRock HPS Credit Strategies Fund
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Evergreen
Target Leverage
Maximum 33% debt-to-total-assets $48M drawn on the Société Générale facility at 6/30/2026 (8.50% of Managed Assets), up from $20M at FYE 2025. Secured by eligible portfolio securities at SOFR + 1.75%. No target stated; preferred shares permitted but none outstanding.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Minimum Investment
$2,500
Class A Shares · waivable
Strategy Overview

Multi-strategy credit interval fund seeking attractive risk-adjusted returns, primarily in the form of current income. At least 80% of Managed Assets is invested in credit-related investments, dynamically allocated across directly originated private credit, asset-based finance, structured credit, performing liquid credit and opportunistic or distressed credit, drawing on the combined BlackRock and HPS credit platform. The mandate permits second lien, unitranche, mezzanine, unsecured and below investment grade exposure without limit. The Fund was renamed and its strategy rebuilt effective December 1, 2025; earlier performance reflects the prior strategy.

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