CONTRACTPENDING

SBI Considers $200 Million HPS Credit Commitment

Minnesota State Board of Investment | State of Minnesota logoMinnesota State Board of Investment | State of Minnesota
Disclosed value
up to $200 million
From report
Document date
Nov 19, 2024

The 30-second brief

What it covers

The Minnesota State Board of Investment is considering committing up to $200 million to HPS Strategic Investment Partners VI for private credit exposure. The proposal has IAC endorsement and awaits Board approval and final negotiations.

Who holds it

HPS holds this financial services contract with Minnesota State Board of Investment | State of Minnesota. Its other public contracts on record include work for Maplewood Career Center District and Mineral County School District.

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Contract details

Contract type
Financial Services
Amount
up to $200 million
Document date
November 19, 2024
Vendor
HPS
Source document
Minnesota State Board of Investment Private Markets Commitments Report 2024-11-19 (Report)

HPS's other public contracts

More Minnesota State Board of Investment | State of Minnesota contracts

Questions about this contract

Who was awarded the financial services contract by Minnesota State Board of Investment | State of Minnesota?

HPS was awarded this financial services contract by Minnesota State Board of Investment | State of Minnesota, as recorded on November 19, 2024. The contract value is up to $200 million.

How much is the HPS contract with Minnesota State Board of Investment | State of Minnesota worth?

The HPS contract with Minnesota State Board of Investment | State of Minnesota is valued at up to $200 million, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Minnesota State Board of Investment Private Markets Commitments Report 2024-11-19 (Report), dated November 19, 2024 from Minnesota State Board of Investment | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does HPS hold?

HPS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Minnesota State Board of Investment | State of Minnesota currently buying?

Explore Minnesota State Board of Investment | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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