Hancock Park Corporate Income to Repurchase Shares
The buyback aims to increase shareholder value while allowing investors to exit at net asset value.
August 25, 2025
Hancock Park Launches Share Repurchase Program Targeting Over 41,000 Shares
Hancock Park Corporate Income, Inc. is offering shareholders a clear path to liquidity. Through a limited tender offer, the firm plans to buy back up to 41,931 shares of its outstanding common stock—valued at the net asset value (NAV) per share as of September 29, 2025.
The tender offer gives investors a structured exit option, especially important in a fund that doesn’t trade on a public exchange. Hancock Park is a closed-end fund regulated as a business development company, and this offer marks a tactical move to return capital while maintaining a steady capital base.
The total shares eligible for repurchase represent about 2.5% of the company’s outstanding common stock as of June 30, 2025. The process is fully cash-funded, and there’s no reliance on outside financing. If you’re a shareholder and you want to tender, you’ll follow the procedures outlined in the company’s Offer to Purchase and Letter of Transmittal—both made available on August 22, 2025.
No directors or officers are participating in the buyback. That means if other investors tender shares, the relative ownership stakes of Hancock Park’s leadership will increase, but without triggering any structural changes for those who remain invested. The terms of the offer ensure that rights of current shareholders stay the same.
Funding will come from Hancock Park’s available cash. The company hasn’t put a backup financing plan in place, underscoring the self-contained nature of the repurchase. The move aligns with Hancock Park’s strategy to offer periodic liquidity in a non-traded environment—without making broader changes to its operations or investment approach.
Shareholders have until the offer expiration date to participate. Full details—including deadlines, conditions, and required forms—are outlined in the SEC filing and supporting documents.
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