Cactus Direct Lending Fund, L.P.
Hedge FundFund ID 805-6994305417Delaware, United States
Gross assets
$2.5B
Min. investment
—
Beneficial owners
2
Size rank
Top 3%
Audited
Yes
Structure
Standalone
About this fund
Cactus Direct Lending Fund, L.P. is a hedge fund managed by Hps Investment Partners, LLC. The fund reports $2.5 billion in gross assets, placing it among the top 3% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-6994305417 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Hps Offshore Strategic Investment Partners V, L.P. | Private Equity | $6.4B |
| Hps Specialty Loan International Fund Vi-L, Scsp | Hedge | $5.43B |
| Hps Strategic Investment Partners V, L.P. | Private Equity | $5.37B |
See all 252 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Cactus Direct Lending Fund, L.P.?
Cactus Direct Lending Fund, L.P. reports $2.5 billion in gross assets, among the top 3% of private funds by size.
Who manages Cactus Direct Lending Fund, L.P.?
Cactus Direct Lending Fund, L.P. is managed by Hps Investment Partners, LLC.
Does Cactus Direct Lending Fund, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
H
New York, NY
Service providers
Reported gross assets
$2.5B▲ 1%
Feb '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 3%
Larger than 97% of 67,041 private funds
Gross assets vs Hedge FundsTop 7%
Larger than 93% of 12,442 hedge funds
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.