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Laxman Pai, Opalesque Asia: Investment management firm Hamilton Lane has held the final closing of the Hamilton Lane Infrastructure Opportunities Fund (IOF) at $590 million.
According to a press release from the private markets investment management firm, the Fund and related vehicles exceeded the $500 million target with commitments from a wide range of global LPs.
"The Fund seeks unique direct co-investment and secondary investment opportunities to generate attractive income and total returns," it said.
It is composed of a diverse set of limited partners from around the world, including public pensions, Taft Hartley plans, foundations and endowments, ultra-high net worth and family office investors, insurance companies, and asset managers.
Brent Burnett, Head of Real Assets at Hamilton Lane, said: "This Fund marks an important milestone in our infrastructure service offering as we continue to provide our limited partners with selective and differentiated exposure to the asset class while being a more flexible capital partner to our GP relationships. There is a set of strong macro tailwinds that continues to drive investor appetite within the infrastructure landscape, marked by the key themes of the energy transition, digitization, and logistics."
"Due to our robust deal flow, deep experience, and strong GP relationships, we've been able to remain highly selective - maintaining a 2.2% selection rate - while already deploying nea...................... To view our full article Click here
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