Cox Capital Announces Commencement of Three Tender Offers for Class I Shares of HLEND, ADS and ASIF
Offers provide a separate cash-liquidity option following oversubscribed issuer repurchase programs; offer materials and tender-document submission are available through CoxCapitalPortal.com
Cox Capital Partners (“Cox Capital”) announced today that Cox Capital Retail Secondaries Fund I, LP (the “Purchaser”), a private investment fund managed by an affiliate of Cox Capital, commenced three separate cash tender offers to purchase Class I shares of HPS Corporate Lending Fund (“HLEND”), Apollo Debt Solutions BDC (“ADS”) and Ares Strategic Income Fund (“ASIF”). The initial offers represent aggregate consideration of approximately $30.5 million, at prices representing discounts of 15% to 30% to each fund’s reported Class I net asset value (“NAV”) as of May 31, 2026. Each offer is voluntary, is independent of the applicable fund, and is subject to the terms of the Purchaser’s applicable Offer to Purchase and Assignment Form. Each of the offers will commence on July 14, 2026. Cox Capital and the Purchaser are not affiliated with the target funds or their advisers.
Offer Terms at a Glance
Target Fund
