Citigroup & BlackRock $193 Billion Alternative Credit Manager HPS Investment Partners Launches $17.5 Billion (€15 Billion) Private Capital Program to Finance Debt Opportunities in EMEA (Europe, Middle East & Africa) for Initial 5-Year Term, Citigroup Will Source Investment Opportunities via Citigroup Investment, Corporate & Commercial Bank
19th May 2026 | Hong Kong
Citigroup & BlackRock alternative credit manager HPS Investment Partners ($193 billion AUM) have launched a $17.5 billion (€15 billion) Private Capital Program to finance debt opportunities in EMEA (Europe, Middle East & Africa) for initial 5-year term. Citigroup will source investment opportunities via Citigroup investment, corporate & commercial bank. Announcement (18/5/26): “Citigroup Inc. (NYSE: C) and HPS Investment Partners, a part of BlackRock, today announced a €15 billion Private Capital Program (the “Program”), a strategic collaboration to expand comprehensive capital solutions and access to private financing for corporate and sponsor-owned borrowers in the region. The Program intends to finance €15 billion of debt opportunities in EMEA over an initial five-year term. Under the terms of the initiative, Citi will leverage its extensive Investment, Corporate, and Commercial Bank led origination capabilities to source investment opportunities for the Program, which is designed to serve borrowers with principal business based in Continental Europe, the UK, and eventually the Middle East. Eligible opportunities will comprise a broad range of sub-investment grade debt instruments. The collaboration demonstrates both institutions’ proactive approach to meeting evolving client needs in the private credit market, leveraging strong relationships to drive growth and provide critical financing solutions.”
“ Citigroup & BlackRock $193 Billion Alternative Credit Manager HPS Investment Partners Launches $17.5 Billion (€15 Billion) Private Capital Program to Finance Debt Opportunities in EMEA (Europe, Middle East & Africa) for Initial 5-Year Term, Citigroup Will Source Investment Opportunities via Citigroup Investment, Corporate & Commercial Bank “
![](https://www.caproasia.com/wp-content/uploads/2025/08/Air-Charter-Service-728x90-1.png")
John McAuley, Co-Head of Debt Capital Markets, Citi: ”To meet the increasing demand from our corporate and sponsor clients for tailored private credit solutions, we are excited to announce this collaboration with HPS, a part of BlackRock. This Program is designed to directly support our clients’ strategic objectives across the EMEA region by combining Citi’s deep client relationships and origination strength with their significant capital and structuring expertise. Together, we are creating a best-in-class offering to help our clients achieve their goals.”
Matthieu Boulanger, Partner and Head of Europe at HPS, a part of BlackRock: ”We are pleased to collaborate with Citi to bring expanded direct lending solutions to the EMEA market. This collaboration will enable us to leverage Citi’s extensive network and origination pipeline in EMEA, further strengthening our ability to deliver tailored financing options to a broad range of borrowers.”
Citi – Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
HPS, a part of BlackRock – HPS, a part of BlackRock, is a leading global, credit-focused alternative investment manager that seeks to provide creative capital solutions and generate attractive risk-adjusted returns. Our Private Financing Solutions platform, with $381 billion of assets under management as of March 31, 2026, manages strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions.
Citigroup & BlackRock $193 Billion Alternative Credit Manager HPS Investment Partners Launches $17.5 Billion (€15 Billion) Private Capital Program to Finance Debt Opportunities in EMEA (Europe, Middle East & Africa) for Initial 5-Year Term, Citigroup Will Source Investment Opportunities via Citigroup Investment, Corporate & Commercial Bank
Caproasia Users
- Manage $20 million to $30 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2026 Investment Day
- March - Hong Kong
- March - Singapore
- April - Hong Kong
- April - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
