Laxman Pai, Opalesque Asia: Alternative investment management firm Hamilton Lane has raised more than $850 million across its sustainable investment platform.
The private markets investment management firm said in a press release that the fundraise includes the final closing of its social and environmental impact-focused fund, Hamilton Lane Impact Fund II at $370 million, as well as more than $500 million of sustainable-focused investment capital within separate accounts.
Hamilton Lane Impact Fund II is more than 3.75 times larger than its predecessor fund. According to the release, Fund II is a closed-end investment vehicle that aims to generate attractive private equity returns alongside positive social and environmental impact.
"The Fund invests in businesses around the world with a focus on clean energy transition, sustainable processes, health and wellness, and/or community development. Leveraging Hamilton Lane's broad network and extensive platform of deal flow and GP relationships, Fund II is focused on making direct investments across geographies and strategies-including buyout, growth, late-stage venture, and real assets," it said.
David Helgerson, Managing Director and Co-Head of Impact, said: "Across our sustainable investment platform we are seeing a broad and diverse spectrum of investment opportunities in companies that offer compelling economic solutions to the problems of the world today. Our team is focused on investing in ...................... To view our full article Click here
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