The investment seeks to generate attractive, risk-adjusted returns in the form of current income and long-term capital appreciation. HCAP intends to invest across most of the sub-segments of the private credit market rather than focusing only on direct lending. The management intend to allocate the fund's private investment capital dynamically across the senior secured direct lending, junior capital, and special situations13 segments of the private credit market to seek to capture what HPS believes are compelling risk-adjusted return opportunities within different market environments. The fund is non-diversified.