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Alternative Market Briefing

Hamilton Lane racks up $850m for the sustainable investment platform

Wednesday, May 24, 2023

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 ......................

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