Hunter Point Capital, an independent investment firm providing capital services to alternative asset managers, has promoted Conway Bate and Melvin Hibberd to global head of capital formation and chief investment officer, respectively.

Bate will lead HPC’s team of capital formation professionals. The group, which she has helped build since joining the firm in 2022, is responsible for capital raising at HPC and providing related counsel and support to the firm’s GP partners. Bate previously served as COO of the capital formation group at HPC.

Hibberd will oversee HPC’s investments across the firm’s GP Stakes and GPFS platforms, steering HPC’s investment strategy, processes, and portfolio construction. Since joining HPC in 2021 as a managing director and head of the investment team, Hibberd has helped facilitate many of the firm’s investments.