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                    <city>NEW YORK</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <stateOrCountryDescription>NEW YORK</stateOrCountryDescription>
                    <zipCode>10013</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>881371604</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>Total Amount Sold includes the Issuer, HRCP Direct Domestic Investors, LP, HRCP TE Investors, LP and HRCP Non-U.S. Investors, LP (together, &quot;feeder funds&quot;) in the aggregate (and is inclusive of investments by the General Partners).</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>95</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>897500</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>Sales Commissions represent the total sales commissions to be paid to the entities listed in Item 12 above as a result of completed sales of interests in the Issuer and/or its feeder funds.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>The General Partners of the Issuer are entitled to a carried interest and the Issuer will also pay management fees to its Managers, in each case as described in the Issuer's confidential offering materials.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Hines Rialto Credit Partners, LP</issuerName>
                <signatureName>/s/ Amanda Lenok</signatureName>
                <nameOfSigner>Amanda Lenok</nameOfSigner>
                <signatureTitle>Executive Officer of the Rialto Manager of the Issuer</signatureTitle>
                <signatureDate>2026-07-09</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
