Associate - Talent Acquisition

Company Description

HPS Investment Partners, 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 for our clients. We manage various 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. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients.

HPS was established in 2007 as a unit of Highbridge Capital Management, LLC (“HCM”), a subsidiary of JPMorgan Asset Management (“JPMAM”). On March 31, 2016, the senior executives of HPS acquired HPS and its subsidiaries from JPMAM and HCM (the “Transaction”).[i] Following the Transaction, JPMAM retained a passive minority investment in HPS, which was subsequently redeemed in April 2022. In June 2018, affiliates of Dyal Capital Partners made a passive minority investment in HPS. In February 2022, an affiliate of The Guardian Life Insurance Company of America made a passive minority investment in HPS, which was subsequently increased in August 2024. On July 1, 2025, BlackRock acquired the business and assets of HPS, with 100% of consideration paid in BlackRock equity (the “HPS/BlackRock Transaction”).

The HPS/BlackRock Transaction brings together BlackRock’s corporate and asset owner relationships with HPS’s diversified origination and capital flexibility. BlackRock and HPS have formed a new private financing solutions business unit (“PFS”) led by Scott Kapnick, Scot French, and Michael Patterson, creating an integrated franchise with approximately $370 billion in client assets, including $205 billion of private credit assets.[ii] This combined platform, which has more than 590 investment professionals and approximately 1,300 employees globally,[iii] offers broad capabilities across senior and junior credit solutions, asset-based finance, real estate, CLOs and GP-LP solutions. As part of the HPS/BlackRock Transaction, Scott Kapnick, Scot French, and Michael Patterson have joined BlackRock’s Global Executive Committee, and Scott Kapnick has been appointed as an observer to the BlackRock Board.

[i] Prior to the Transaction, HPS was a subsidiary of HCM, which is a subsidiary of JPMAM, which in turn is a subsidiary of JPMorgan Chase & Co. (together with its affiliates, “JPM”). Immediately following the closing of the Transaction, the portfolio managers and other HPS employees responsible for the investment activities of HPS separated from HPM and continued to be employees of HPS. HPS is no longer deemed affiliated with JPM.

[ii] AUM for PFS as of September 2, 2025. Note: Effective July 1, 2025, HPS became part of BlackRock. Effective September 2, 2025, Elm Tree Funds became part of BLK and is included within HPS funds. Headcount as of date varies given recent closings of transactions. All AUM of June 30, 2025, except BlackRock non-CLO Leveraged Finance assets (as of August 2025). Represents pro forma combined AUM of HPS funds and BlackRock funds that form Private Financing Solutions (“PFS”) as of June 30, 2025. AUM of heritage HPS private credit funds, related managed accounts and certain other closed-ended liquid credit funds represent capital commitments during such funds’ investment periods and, post such funds’ investment periods, the cost of investment or latest available net asset value (including fund-level leverage but in all cases capped at capital commitments). AUM of liquid credit open-ended funds and related managed accounts other than CLOs represent the latest available net asset value. AUM of CLOs and warehouses represent the par value of collateral assets and cash in the portfolio. AUM of business development companies represents net asset value plus leverage (inclusive of drawn and undrawn amounts) as of the prior month-end. AUM of ElmTree Funds represents the gross assets plus uncalled commitments over a fund’s life with the exception of ElmTree Unity Debt Fund, LP which represents total commitments of the fund. AUM strategy is assigned at the fund level based on target strategy allocations. The AUM for heritage BlackRock funds is calculated as follows: (i) for evergreen funds, commingled funds and mandates in their investment period: as the sum of fee-paying and any non-fee-paying client commitments, and the maximum permissible leverage for any levered vehicles; (ii) for commingled funds and mandates in runoff: as the aggregate of each fund's net asset value, any unfunded commitments to portfolio companies, and drawn leverage as of the reporting date, if any; and (iii) for semi-liquid funds: as the aggregate of each fund's net asset value. In all cases, AUM is inclusive of internal BlackRock allocations. The AUM figures are presented in US dollars.

[iii] Effective July 1, 2025, HPS became part of BlackRock. Effective September 2, 2025, Elm Tree Funds became part of BLK and is included within HPS funds. Headcount as of date varies given recent closings of transactions.

Department Description:

The HPS Human Capital Management team is committed to fostering a workplace where every employee feels valued, supported, and empowered to achieve their full potential. Our mission is to attract, develop, and retain top talent, while promoting a culture of diversity, equity, and inclusion. We believe that our employees are our greatest asset, and we strive to create an environment where everyone can thrive. Our department is dedicated to providing comprehensive support in areas such as recruitment, employee relations, training and development, data analytics, benefits administration, and compliance with employment laws and regulations. Key to our approach is a focus on continuous improvement and innovation. We are always seeking new ways to enhance the employee experience, from streamlining processes to implementing cutting-edge HR technologies. Our goal is to ensure that HPS remains a great place to work, where collaboration, creativity, and excellence are at the forefront.

Position Description:                                                                                                                                                                                                           
HPS is seeking a highly motivated and detail-oriented Associate to join our Talent Acquisition team in New York, NY. This role will have a focus on global recruitment across our entire business, with a primary focus on our investment roles across both Private and Public Credit strategies, Business Development, Investor Relations, and Product Specialists. The ideal candidate will possess 3-6 years of full-cycle recruitment experience, preferably supporting global financial institutions or asset managers, along with excellent communication skills, strong attention to detail, and an ability to manage a high volume of open requisitions.

Responsibilities                                                                                                                                                                                

Specific responsibilities will include but not be limited to the following:

• Develop a talent acquisition advisory and search strategy to meet the business segment needs - with a focus on direct delivery utilizing best in class search and sourcing methods
• Set team targets and design working patterns in line with functional objectives and success measures, monitors and enhances team performance utilizing data and insight
• Drive creative strategies to achieve the best talent outcomes, whilst also enabling HPS’s representation goals and keeping diversity, in all its forms, at the heart of decision-making
• Directly manage a workload by executing Front-Office Search mandates, deliver market mapping and insights to inform business hiring decisions
• Ensure information is appropriately cascaded
• Support the current recruiting team on the management of external Executive Search partners
• Act as an escalation point for managers handling sensitive and confidential matters; resolving complex issues
• Sponsor or lead continuous improvement projects

Candidate Profile:

• Bachelor’s degree in Human Resources, Business Administration, or a related field
• 3-6 Years of full-cycle Talent Acquisition experience, Front-office search experience a plus (gained either in-house or Agency), coupled with broad HR knowledge
• Proven team player who raises the bar and motivates and empowers others to perform
• Knowledge of front-office recruitment, preferably Investment Professionals, Business Development, Investor Relations, Real Estate etc. including accessing top talent, understanding market practices and ability to consistently and proactively identify, locate and attract passive candidates by utilizing advanced recruiting and networking techniques
• Ability to build and foster relationships at executive level on a global basis
• Politically savvy, able to navigate through complexity and an environment of conflicting priorities, at ease operating in a matrix environment
• Knowledge of financial services and the different business models within the sector and those it serves
• Credibility with executive candidates and leaders: possesses gravitas to lead conversations and influence outcomes
• Able to build networks internally across matrix organization
• Understanding of compensation structures and the creation of competitive offers, understanding deferrals and bonus structures
• Strong project management skills
• Digitally aware, ensuring deployment of effective CRM (Greenhouse) system to manage search activities
• Risk aware, champion of compliance requirements and risk and control activities as they apply to executive search and intelligence activities.

Location

• New York, NY

Employment Type

• Full-time, Exempt

Hybrid Work Schedule

• 4/1 split (Mon-Thurs in office, Fri optional work from home)

Rate of Pay

• The base salary range for this position is $100,000 - $115,000 but may vary based on various factors including job function, experience and geographic location. This position is eligible for a discretionary annual bonus.

HPS Investment Partners is an equal opportunity employer.  HPS does not discriminate in employment opportunities or practices on the basis of race, national origin, color, religion, sex, age, disability, pregnancy, citizenship status, ancestry, military or veteran status, sexual orientation, gender, gender identity or expression, marital and civil partnership/union status, genetic predisposition or carrier status, or any other characteristic protected by federal, state or local law.