Billionaire Profile
Michael Patterson
Global Rank
#2062

Image: Public domain | via Wikimedia Commons

Michael Patterson

CEO, HPS Investment Partners
US
Real-Time Net Worth
$1.9B
As of December 2025
Age
51
Source
Private equity
Industry
finance-investments
Citizenship
US

Biography

Michael Patterson is a prominent figure in the financial world, currently serving as a Senior Managing Director in the Private Financing Solutions (PFS) Executive Office at BlackRock. He is also a Founding Partner and Co-President of HPS Investment Partners, a leading alternative credit manager. Patterson's career includes significant roles at Silver Point Capital and Goldman Sachs, where he focused on private equity and mezzanine transactions. He holds an AB in Applied Mathematics from Harvard College and an MBA from Stanford University. With an estimated net worth of $1.9 billion as of 2024, Patterson's wealth source is primarily private equity. He has also served as an officer in the United States Navy.

Wealth Over Time

In-Depth Profile

Early Life and Education

Michael Patterson's journey began with a strong educational foundation. He earned an AB in Applied Mathematics from Harvard College and later obtained an MBA from Stanford University's Graduate School of Business, where he was recognized as an Arjay Miller Scholar. Prior to his career in finance, Patterson served as an officer in the United States Navy.

Rise to Success

Patterson's career in finance began at Goldman Sachs in the Principal Investment Area, where he focused on private equity and mezzanine transactions. He then moved to Silver Point Capital before co-founding Highbridge Principal Strategies (later HPS Investment Partners) in 2007 with Scott Kapnick and Scot French. HPS Investment Partners, focused on investments in private credit, public credit, private equity and real assets. The firm grew significantly during the 2008 financial crisis. In 2024, BlackRock announced its acquisition of HPS for $12 billion. In July 2025, BlackRock completed the acquisition of HPS. Patterson is currently a Senior Managing Director in BlackRock's Private Financing Solutions (PFS) Executive Office.

Key Business Strategies

Patterson's success is rooted in his expertise in private equity and credit investments. At HPS, he oversaw specialty lending, corporate lending, and core senior lending funds. His strategic approach to investments, particularly in the credit markets, has been a driving force behind his achievements. BlackRock's acquisition of HPS underscores the value of Patterson's leadership and the strength of the investment strategies he helped develop.

Philanthropy

While specific philanthropic amounts are not readily available in the search results, Patterson serves on the Dean's Advisory Council for the Radcliffe Institute of Advanced Studies at Harvard. This indicates a commitment to supporting educational initiatives.

Career Milestones

2007

Co-founded Highbridge Principal Strategies (later HPS Investment Partners)

Established a private equity and credit investment division

2024

BlackRock announced acquisition of HPS

BlackRock to acquire HPS for $12 billion.

2025

BlackRock completed the acquisition of HPS

Acquisition of HPS by BlackRock completed.

Philanthropy & Social Impact

Education

Dean's Advisory Council

Undisclosed

Serves on the Dean's Advisory Council for the Radcliffe Institute of Advanced Studies at Harvard.