The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Hamilton Lane
US-headquartered private markets investment management firm
Hamilton Lane
has just announced the final closing of Hamilton Lane Secondary
Fund VI, with $5.6 billion in commitments, marking the largest
fundraise in the firm’s history.
Fund VI exceeded its original $5 billion target, seeing strong
support from a diverse group of new and existing investors,
including corporate and public pension funds, Taft-Hartley plans,
sovereign wealth funds, endowments, foundations, private wealth
platforms and other financial institutions from over 30 countries
around the world.
Hamilton Lane, which has been active in the secondary space for
more than 24 years, aims to provide investors with capital
appreciation by delivering attractive risk-adjusted returns. The
fund’s predecessor, Secondary Fund V, closed on $3.9 billion in
commitments in 2021. Today, the firm’s secondaries
platform represents about $20.9 billion in assets under
management.
Hamilton Lane has over $920 billion in assets under management
and supervision, composed of more than $124 billion in
discretionary assets and about $796 billion in non-discretionary
assets, with offices throughout North America, Europe, Asia
Pacific and the Middle East.