DFX Intelligence

Data Factory

Hps Advisors, LLC finances a first Nexphase Capital, LP borrower (1 borrower, 1 facility held) | DFX Data Factory

NewInferencePrivate creditSponsor coverage mapJun 30, 2026 · first seen 5 days ago

Hps Advisors, LLC finances a first Nexphase Capital, LP borrower (1 borrower, 1 facility held)

Nexphase Capital, LP · sponsor

an interpretation that rests on a candidate-grade link and is labelled so

What changed

Hps Advisors, LLC finances a first Nexphase Capital, LP borrower (1 borrower, 1 facility held)

Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-15.

Who this matters to

only relationships the graph supports

Primary

Nexphase Capital, LP$204Mfavourable
financed the sponsor's borrower for the first time. a new sponsor relationship · df_pub_event.subject

Secondary

HPS ADVISORS, LLC$204Mfavourable
the sponsor now financed by a new lender. a new capital source · df_pub_event.related

Counterparties

Private credit lenders (class)adverse
incumbent lenders to that sponsor. share of the sponsor's wallet moved · class

Buyer classes for this family: Private credit lenders, PE sponsors, Placement agents.

Economic footprint

probability and consequence kept apart

disclosed amount: $204M known
State: New
Historical signal: not measured as a predictor
Lenders: 1
Sponsor: HPS ADVISORS, LLC
Confidence: 0.60

Why it matters

a credit manager financing a sponsor's borrower for the first time is a dated origination relationship both sides trade on. Amount $204M. Evidence class: inference; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).

What to do next

workflow actions, never advice

View sponsor View lenders Universe: this sponsor's lenders

DFX product: Sponsor coverage map

Evidence

Evidence, method and the rank's parts

Sources

BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis) · Jun 30, 2026

What would make this less concerning

the relationship predates the tape's coverage

Actionability, eleven dimensions (0 to 5)

novelty5
confidence2
timeliness4
actionability3
affected entities2
economic magnitude3
financing consequence4
portfolio consequence1
commercial consequence4
investment consequence3
fundraising consequence2

Rank 49.5: consequence 4, commercial 4, timeliness 4, novelty 5, confidence 2, magnitude 3, affected 2, actionability 3

Family credit.sponsor_lender_relationship · public · computed today

More sponsor coverage map signals

NewInferencePrivate creditSponsor coverage map

Commonwealth Credit Advisors, LLC finances a first Quilvest Capital Partners Management, LLC borrower (1 borrower, 3 facilities held)

Dated 2026-06-30 (filing); first seen by DFX 2026-09-20.

Exposure: $19B knowndisclosed amount
Who this matters to: Private credit lenders, PE sponsors +1
Historical: not a measured predictor

COMMONWEALTH CREDIT ADVISORS, LLC · sponsor

Sponsor coverage mapJun 30, 2026 · seen today

NewInference

Data Factory

Hps Advisors, LLC finances a first Nexphase Capital, LP borrower (1 borrower, 1 facility held)

Commonwealth Credit Advisors, LLC finances a first Quilvest Capital Partners Management, LLC borrower (1 borrower, 3 facilities held)

Blackstone Private Credit Strategies LLC finances a first Saints Capital borrower (1 borrower, 1 facility held)

Ares Capital Management LLC finances a first WCA Management Corporation borrower (1 borrower, 2 facilities held)

Blackstone Private Credit Strategies LLC finances a first Sentinel Capital Partners, L.L.C. borrower (1 borrower, 3 facilities held)

Goldman Sachs Asset Management, L.P finances a first Kelso & Company, L.P. borrower (1 borrower, 1 facility held)

Goldman Sachs Asset Management, L.P finances a first WCA Management Corporation borrower (1 borrower, 1 facility held)