Hunter Point Capital Closes Inaugural GP Stakes Fund at $3.3 Billion

Hunter Point Capital, an independent investment firm, announced it has successfully closed its inaugural GP Stakes fund, HPC Fund I, at $3.3 billion, surpassing its initial target of $2.5 billion.

Founded in 2020 by industry veterans Bennett Goodman and Avi Kalichstein, HPC aims to support the next generation of rising alternative investment managers by providing strategic partnership and capital solutions. HPC Fund I, the largest-ever debut GP Stakes fund dedicated to private market strategies, focuses on acquiring stakes in alternative investment managers and offering strategic and tactical support.

The firm's global reach spans North America, Europe, and Asia. HPC has already formed partnerships with eight investment management firms and secured commitments from a wide range of institutional and high-net-worth investors, including sovereign wealth funds, insurance companies, and family offices. Additionally, HPC has launched a complementary platform called GP Financing Solutions (GPFS), which provides net asset value-based loans and preferred financing solutions to established GPs.