- New funds seek to offer individual investors
uncorrelated, risk-adjusted returns and downside protection via a
single allocation to a globally diversified portfolio of
infrastructure assets
- Launch underscores Hamilton Lane's continued
commitment to expand access to private markets and builds on the
firm's existing $8.1 billion
Evergreen Platform*
CONSHOHOCKEN, Pa., Oct. 8,
2024 /PRNewswire/ -- Leading private markets
investment management firm Hamilton Lane (Nasdaq: HLNE) today
announced the launch of the two new evergreen funds, offering
expanded access to private market infrastructure investments to
accredited investors around the world.
The Hamilton Lane Global Private Infrastructure Fund
("HLGPI") is available to qualified investors, including
high-net-worth ("HNW") investors and their wealth advisors in EMEA,
Australia, Canada, Latin
America and Southeast
Asia.
The Hamilton Lane Private Infrastructure Fund ("HLPIF")
is a continuously offered closed-end investment vehicle registered
under the Securities Act of 1933 and the Investment Company Act of
1940 ("40 Act") and is available to U.S. clients, including HNW
investors and their wealth advisors.
HLGPI and HLPIF are total return strategies, targeting both
capital appreciation and income, designed to provide exposure to an
institutional-quality, global portfolio of infrastructure assets
through a single investment. With a focus on identifying and
capturing strategic opportunities in the infrastructure space,
including direct co-investment and secondary investments, the Funds
aim to deliver attractive returns and downside protection, paired
with liquidity in the form of monthly or quarterly redemptions.
The Funds' diversified portfolios focus on core plus and value
add infrastructure assets that share the traditional
characteristics of infrastructure, including high barriers to entry
and durable cash flows through contracted revenue streams, as well
as the potential for inflation-hedging qualities, competitive total
returns with potential downside protection, income yield and
portfolio diversification. Both HLGPI and HLPIF seek to capitalize
on unique opportunities across the power, transportation, data and
telecommunications, environmental and energy sectors.
Brent Burnett, Head of
Infrastructure and Real Assets, commented, "We are thrilled to
announce the launch of HLGPI and HLPIF. Infrastructure is one of
the fastest-growing asset classes in the private markets,
underpinned by the fundamentally infrastructure-enabled themes of
energy transition and the continued rollout of AI which we believe
will continue to create investment opportunities for years to come.
Hamilton Lane is one of the largest investors in private
infrastructure globally on a discretionary and supervisory basis,
and the Funds aim to build on the success of our broader platform
by offering unique access and expertise across infrastructure
sectors, asset types and geographies to private wealth and
institutional investors around the world."
For more than 24 years, Hamilton Lane has been designing
infrastructure-focused separate account mandates (SMAs) aimed at
delivering attractive performance relative to benchmarks for
clients of all sizes around the world. These new vehicles are an
extension of Hamilton Lane's broader infrastructure platform, which
the firm has been building since 2000 and which includes closed-end
funds and SMAs totaling nearly $72
billion in assets under management and supervision as of
June 30, 2024.
Steve Brennan, Head of Private
Wealth Solutions, added, "Since the launch of our Evergreen
Platform in 2019, we have steadily expanded upon our commitment to
enable access for a broader set of investors to the private
markets. Today, with the additions of HLPIF and HLGPI, our
Evergreen Platform now includes five funds across multiple
strategies, serving hundreds of investors around the world and with
a net asset value of approximately $8.1
billion*."
For more information on Hamilton Lane's Evergreen Platform,
which also includes the Global Private Assets Fund, the
Private Assets Fund and the Senior Credit Opportunities Fund,
please click here.
* NAV as of August 31, 2024 for
the combined Hamilton Lane Evergreen Platform
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private
markets investment firms globally, providing innovative solutions
to institutional and private wealth investors around the world.
Dedicated exclusively to private markets investing for more than 30
years, the firm currently employs approximately 700 professionals
operating in offices throughout North
America, Europe,
Asia Pacific and the Middle East. Hamilton Lane has more than
$940 billion in assets under
management and supervision, composed of nearly $130 billion in discretionary assets and more
than $810 billion in
non-discretionary assets, as of June 30,
2024. Hamilton Lane specializes in building flexible
investment programs that provide clients access to the full
spectrum of private markets strategies, sectors and geographies.
For more information, please visit our website or follow
Hamilton Lane on LinkedIn.
IMPORTANT RISK INFORMATION
Investors should carefully consider the investment
objectives, risks, charges and expenses of the Fund before
investing. For a prospectus that contains this and other
information about the Fund, call 1 (888) 882-8212 or visit our
website at https://hla.pe/pifprospectus. Please
read the prospectus carefully before investing. Past performance is
not indicative of future results. Investing in the Fund involves
risk including loss of principal. Please read the prospectus
carefully before investing. Past performance is not indicative of
future results. Investing in the Fund involves risk including loss
of principal.
• The Fund operates as a non-diversified, closed-end management
investment company under the Investment Company Act of 1940, as
amended. • Shares are speculative and illiquid securities involving
substantial risk of loss. Shares are appropriate only for those
investors who can tolerate a high degree of risk and do not require
a liquid investment and for whom an investment in the Fund does not
constitute a complete investment program. • Though the Fund intends
to repurchase shares quarterly, you may not have access to the
money you invest for an extended period of time. • The Fund is not
a liquid investment. • You may not be able to sell your shares at
the time or in the quantity of your choosing regardless of how the
Fund performs. • Investors should understand that the Fund's shares
are not currently listed on or available for trading through a
securities exchange, and a market for trading on an exchange may
never be available to investors. There is currently no secondary
market, and no such market is expected to develop. • Because you
may not be able to sell your shares at the time or in the quantity
of your choosing, you may not be able to reduce your exposure to
the Fund in a market downturn. • Shares are appropriate only for
those investors who can tolerate a high degree of risk and do not
require a liquid investment and for whom an investment in the Fund
does not constitute a complete investment program. • The amount of
distributions that the Fund may pay, if any, is uncertain. Past
performance is not an indicator of future results.
Hamilton Lane Advisors LLC is the Advisor to the Hamilton Lane
PIF. HLPIF and Private Assets Fund are distributed by UMB
Distribution Services, LLC for U.S. Investors. UMB and Hamilton
Lane are unaffiliated.
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SOURCE Hamilton Lane