Hunter Point Capital, a New York-based private equity firm, has closed its inaugural GP Stakes fund, HPC Fund I, with $3.3 billion in capital commitments, exceeding its initial $2.5 billion target.

HPC invests in GPs across private equity, private credit, real estate and infrastructure. The firm’s global reach spans North America, Europe, and Asia. Through HPC Fund I, the firm acquires stakes in alternative investment managers and provides them with support in areas such as capital formation, business development, group purchasing and talent enhancement.