Hancock Park Associates

Hancock Park Associates is the investment adviser for Hancock Park Corporate Income, Inc. — a business development company focused on providing senior secured debt financing to lower and core middle market companies in the United States. According to its website at hancockparkcorporateincome.com, the BDC seeks to generate current income and, to a lesser extent, capital appreciation by making loans to established middle market companies with strong free cash flow characteristics, experienced management teams, and defensible market positions that provide confidence in their ability to service debt through varying economic conditions. Hancock Park's credit-focused BDC strategy emphasizes the preservation of capital through disciplined senior secured lending combined with the generation of attractive income from the interest and fee revenues of a diversified portfolio of middle market loans.

Hancock Park's lending strategy, described at hancockparkcorporateincome.com, targets companies with EBITDA typically in the $5 million to $30 million range, providing first lien senior secured term loans and revolving credit facilities that offer lenders meaningful collateral coverage, financial covenant protection, and structural seniority over all other financial obligations of the borrower. The firm's underwriting process emphasizes thorough financial analysis of each prospective borrower's business fundamentals, industry position, management quality, and cash flow projections, combined with careful evaluation of the loan structure and security documentation that govern the rights of Hancock Park as a senior secured creditor. Hancock Park's portfolio construction approach seeks to build a diversified portfolio across multiple industry sectors, geographic markets, and borrower characteristics that reduces concentration risk while maintaining the consistent credit quality standards that define the firm's lending approach.

Hancock Park Corporate Income's BDC structure requires the distribution of substantially all investment income to shareholders, providing investors with a high-income, floating-rate senior secured credit investment that complements equity and fixed income holdings within a diversified investment portfolio. According to hancockparkcorporateincome.com, the BDC's focus on senior secured first lien lending — the highest-priority, most structurally protected segment of a company's capital structure — reflects the firm's conviction that capital preservation is the foundation of sustainable investment performance, and that the combination of structural seniority, collateral security, and financial covenant protection in senior secured middle market loans provides an attractive risk-adjusted income opportunity for credit investors. Hancock Park's combination of senior secured credit focus, lower middle market specialization, and BDC investment structure positions it as a straightforward income-oriented vehicle for investors seeking private credit exposure.