Hunter Point Capital, an independent investment firm providing capital solutions and strategic support to alternative-asset managers, has closed its inaugural GP Stakes Fund (HPC Fund I) with $3.3 billion in permanent capital commitments, exceeding its initial $2.5 billion target.
HPC Fund I is the largest debut GP Stakes fund dedicated to private-market strategies. Through HPC Fund I, the firm acquires stakes in alternative-investment managers and provides them with strategic and tactical support in key areas such as capital formation, business development, group purchasing, and talent enhancement. HPC invests in GPs across private equity, private credit, real estate, and infrastructure. The firm’s global reach spans North America, Europe and Asia.
Commitments to HPC Fund I were secured from a broad base of both institutional and high-net-worth investors. The investor group includes sovereign wealth funds, insurance companies, pension funds, endowment/foundations, b