Market Views

Assessing Downside Risk in Junior Capital Investments

Mike Patterson headshot
Michael Patterson
Founding Partner, Co-President
Published on: June 25, 2025

Sitting below senior debt in a company’s capital structure, junior capital has the potential to provide investors higher yields as well as potential equity upside and diversification. In this video, Mike Patterson, a Governing Partner at HPS, explains our approach to assessing downside risk in junior capital investments.
Assessing Downside Risk in Junior Capital Investments - HPS Partners