HPS Investment Partners has launched a private BDC, which aims to provide loans to companies in the upper end of the middle market, according to SEC fillings.

The BDC, called HPS Corporate Capital Solutions BDC, according to SEC fillings, will primarily focus on providing senior loans to US companies with an EBITDA ranging between $75m to $1bn. To a lesser extent, capital will also be allocated across junior capital and special situations opportunities.