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Hamilton Lane Closes Largest Fund To Date

Hamilton Lane has held the final close of Hamilton Lane Secondary Fund V, L.P., a global and diversified private equity secondary vehicle. The fund closed with $3.9bn of capital commitments, exceeding its $3bn target. The fund marks Hamilton Lane’s largest fundraise to-date.

“We are thrilled to be announcing this record fundraise and want to extend our gratitude to our investors for their tremendous support. We believe the growth of our secondary business, and in particular the interest in this latest Fund, is an indication that the opportunity set driven by the Hamilton Lane platform is really resonating with the market,” said Tom Kerr, Managing Director and Global Head of Secondaries. “Over the course of three decades, Hamilton Lane has built an extensive global network across the private markets, which continues to differentiate our secondary platform and enables us to identify what we believe are attractive opportunities for investors.”

Hamilton Lane has been active in the secondary space since 2000. The firm's Secondary Fund IV, closed on $1.9bn in commitments in 2017.

Ryan Cooney, Product Manager of Hamilton Lane’s secondary platform, commented: “This is an exciting time in the secondary market. We have been humbled by the interest and support from a terrific base of LPs from around the world, and we now turn our focus to the evolving opportunity set, and leveraging Hamilton Lane’s broad footprint to find opportunities where we believe our relationships and information provide clear competitive advantages.”

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