Guardian Takes Minority Stake of HPS Investment Partners and Shifts 30bln in Private Credit Assets to HPS as the Investment Manager

Objectives:

Collaborate with internal stakeholders and HPS executives to implement deal arrangements. Support the transfer of ~ 30bln dollars in private credit assets, teams, technology, people, data, processes to HPS. Create new joint governance processes, inter-company data feeds. Evaluate viability of systems for migration to HPS against it’s current technology stack. Develop a joint transition services agreement.

Role We Played: Transition Leader representing Guardian interests - Oversaw all transition service obligations; facilitated completion of the IMA; Negotiated deliverables and transition plans; Identified and resolved inter-company dependencies; on-boarded/off-boarded assets, people, and processes to HPS; Stood up joint transition governance framework; Ensured day to day activities run without interruption. Other Duties Included: Set up of the inter-company transition office, operationalized the deal framework into executable, internal transition plans across a dozen workstreams; TSA rationalization with legal and HPS for joint intercompany plan development; Joint inter-company KPIs, data mapping, and transition cost management.

Lead: Albert Eng