Hamilton Lane Closes Strategic Opportunities Fund, at More Than $760M
Summary
– based alternative investment management firm, closed Hamilton Lane Strategic Opportunities Fund V, with more than $760m in commitments. The fund is focused on making credit-oriented investments with consistent cash yield, shorter duration and attractive risk-adjusted returns. Consistent with previous vehicles, it is comprised of a diverse set of institutions, including Taft-Hartley pension funds, insurance companies, high-net-worth individuals and endowments and foundations. Hamilton Lane has long been an active investor in targeted strategies, including credit-oriented direct investments and co-investments. With approximately $484 billion in total assets under management and supervision as of March 31, 2019, the firm offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis.