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.