S cott Kapnick is the founder and CEO of HPS Investment Partners, a global credit investment firm with approximately $149 billion in assets under management. A veteran of the finance industry, he spent over two decades at Goldman Sachs, rising to become co-head of global investment banking and co-CEO of Goldman Sachs International. He later joined Highbridge Capital Management, where he founded HPS as a division before spinning it out as an independent firm in 2016.
Under his leadership, HPS grew into a powerhouse in the private credit market, known for providing capital solutions to companies across various sectors. In a landmark deal in 2024, Kapnick agreed to sell HPS to BlackRock for approximately $12 billion, a transaction that underscored his status as one of the most successful figures in alternative asset management. He resides in New York and remains actively involved in the firm's strategic direction.
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Scott Kapnick is an American businessman, the founder and CEO of HPS Investment Partners, one of the world's biggest alternative credit managers with $149 billion in assets.
He spent 21 years at Goldman Sachs, where he rose to become co-head of investment banking and co-CEO of Goldman Sachs International. He left Goldman in 2007 to join hedge fund Highbridge Capital after its sale to JPMorgan.
Scott Kapnick's career is defined by his move from global investment banking to leading the growth of alternative credit. After joining Highbridge in 2007, he eventually built up its credit arm, HPS.
He served as CEO of Highbridge from 2013 until 2016, when he and the principals bought HPS from JPMorgan in a carveout. Since the carveout, HPS' assets have substantially swelled. He orchestrated the sale of HPS to BlackRock in July 2025 for around $12 billion in BlackRock stock.
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Spent 21 years at Goldman Sachs.
Left Goldman to join Highbridge Capital.
Served as CEO of Highbridge.
Bought HPS from JPMorgan in a carveout.
Sold HPS to BlackRock for around $12 billion in stock.
Scott Kapnick's wealth is concentrated in the proceeds from the sale of his controlling stake in HPS Investment Partners.
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-1.7% | -$28.99M
+0.2% | +$3.73M
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