Hamilton Lane Launches Global Private Secondary Fund

Rhea-AI Summary

Hamilton Lane (Nasdaq: HLNE) has launched the Hamilton Lane Global Private Secondary Fund (HLGPS), an evergreen investment vehicle focused on the secondary market. The fund has already secured $365 million in assets under management, significantly exceeding its launch target.

The fund aims to build a diversified portfolio of secondary investments, targeting high-quality middle market buyout funds and assets. HLGPS is available to accredited high-net-worth investors and institutional investors across Europe, Middle East, Asia, Latin America, and Canada. This marks the 10th fund in Hamilton Lane's $12 billion+ AUM evergreen platform.

The strategy leverages Hamilton Lane's 24+ years of experience in the secondary market, offering benefits such as diversification, J-curve mitigation, and quarterly limited liquidity.

Positive

• Fund launch exceeded expectations with $365 million AUM, nearly doubling target size
• Expands Hamilton Lane's successful $12 billion+ evergreen platform with 10th fund
• Offers quarterly liquidity feature, making private markets more accessible
• Leverages 24+ years of secondary market experience

Negative

• None.

News Market Reaction

-4.56%

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-4.56% News Effect

On the day this news was published, HLNE declined 4.56%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

• The global evergreen fund for secondaries investment seeks to offer a diversified portfolio of mature private equity investments positioned for value creation by leveraging the firm's 24+ years of experience in the secondary market and extensive scale
• This launch marks the 10^th fund in Hamilton Lane's $12 billion+ AUM evergreen platform

LONDON, Sept. 3, 2025 /PRNewswire/ -- Leading private markets investment firm Hamilton Lane (Nasdaq: HLNE) today announced the launch of the Hamilton Lane Global Private Secondary Fund ("HLGPS" or "the Fund"), an evergreen investment vehicle focused on the secondary market. The Fund is available to accredited high-net-worth investors and their advisors, as well as institutional investors, in parts of Europe, the Middle East, Asia and Latin America as well as in Canada. Driven by significant investor demand, the Fund has already reached commencement for more than $365 million in assets under management², nearly doubling the launch target size.

HLGPS seeks to provide investors with long-term capital appreciation primarily by building a diversified portfolio of secondary investments. The Fund offers access to high-quality private market investments diversified across strategies, industries, vintages and geography, in a single fund with quarterly limited liquidity. The Fund's strategy focuses on high quality middle market buyout funds and assets, with significant near-term distribution potential. It is also able to employ a flexible approach across secondary transaction types by leveraging Hamilton Lane's 24+ year experience in the secondary market and substantial capital deployment.

In comparison to primary investments, secondary investments can typically present benefits such as diversification, J-curve mitigation, knowledge of underlying assets, increased pace of capital deployment and value through discounts.

James Martin, Head of Global Client Solutions at Hamilton Lane, commented: "The secondary market has evolved into a permanent fixture in private markets and is one of the fastest growing strategies today, as evidenced by this fund being oversubscribed. Building on our experience helping institutional investors access this space, HLGPS aims to deliver the compelling benefits of secondaries to a wider set of investors. As the demand for evergreen funds continue to grow globally, we continue to strengthen our offering across strategies."

Keith Brittain, Co-Head of Secondary Investments, said: "Our secondary investment strategy is designed to deliver consistent, long-term value to our funds, and the scale of our platform allows us to source deals from a mix of GPs, LPs and brokers, creating differentiated deal flow for our investors. Having been active in this space for more than 24 years, we're excited to build another access point for investors to this part of the market."  

HLGPS is the latest addition to Hamilton Lane's broader $12 billion+ AUM¹ Evergreen Platform. The firm continues to expand access to private markets by offering new strategies and access points to a broader set of investors.

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 750 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has approximately $986 billion in assets under management and supervision, composed of nearly $141 billion in discretionary assets and more than $845 billion in non-discretionary assets, as of June 30, 2025. 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 us on LinkedIn.

¹As of 6/30/25
² As of 9/1/25

 

View original content:https://www.prnewswire.com/news-releases/hamilton-lane-launches-global-private-secondary-fund-302544369.html

SOURCE Hamilton Lane

FAQ

What is the Hamilton Lane Global Private Secondary Fund (HLGPS) and when was it launched?

HLGPS is an evergreen investment vehicle launched by Hamilton Lane (Nasdaq: HLNE) on September 3, 2025, focused on building a diversified portfolio of secondary investments in private markets. The fund has already secured $365 million in assets under management.

Who can invest in Hamilton Lane's HLGPS fund?

The fund is available to accredited high-net-worth investors and their advisors, as well as institutional investors in parts of Europe, the Middle East, Asia, Latin America, and Canada.

What are the key benefits of HLGPS's secondary investment strategy?

The strategy offers benefits including diversification, J-curve mitigation, knowledge of underlying assets, increased pace of capital deployment, and potential value through discounts. The fund also provides quarterly limited liquidity.

How does HLGPS fit into Hamilton Lane's broader investment platform?

HLGPS is the 10th fund in Hamilton Lane's $12 billion+ AUM evergreen platform, leveraging the firm's 24+ years of experience in the secondary market.

What is the investment focus of Hamilton Lane's HLGPS fund?

The fund focuses on high-quality middle market buyout funds and assets with significant near-term distribution potential, diversified across strategies, industries, vintages, and geography.