HPE CAPITAL MANAGEMENT II, LLC
HPE CAPITAL MANAGEMENT II, LLC is a Series C+, buyout, debt and secondary fund in the US investing in Healthcare, consumer-goods, business-services and industrials.
- Stages
- Series C+, buyout, debt, secondary
- Sectors
- Healthcare, consumer-goods, business-services, industrials
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2015
- Assets under management
- $840M
Check size not disclosed
Thesis
HPE Capital Management II, LLC (HPE II), established in 2015 and based in Delaware, operates as a hybrid fund-of-funds with a strategic focus on North American private equity. The firm targets the lower-middle and middle markets, investing in funds that specialize in control buyouts, subordinated debt, growth equity, and special situations. HPE II also engages in direct co-investments. Key investment criteria for underlying funds include a fund size of $200 million to $2 billion, a North American domicile, and a diversified industry focus with a bias towards consumer goods, business services, industrials, and healthcare. The firm prioritizes opportunities with potential for operational improvement and value creation. As of December 31, 2025, HPE II reported AUM of $840,468,397.
Common questions
Does HPE CAPITAL MANAGEMENT II, LLC invest at the Series C+ stage?
Yes. HPE CAPITAL MANAGEMENT II, LLC lists Series C+, buyout, debt and secondary among the stages it invests in.
Where does HPE CAPITAL MANAGEMENT II, LLC invest?
HPE CAPITAL MANAGEMENT II, LLC invests in the US.