Hamilton Lane Launches Global Venture Capital and Growth Evergreen Fund, Adding to its $13B+ AUM1 Evergreen Platform
Rhea-AI Summary
Hamilton Lane (Nasdaq: HLNE) has announced the launch of its Global Venture Capital and Growth Fund (HLGVG), an evergreen investment vehicle focused on private market growth and venture opportunities. The fund expands the firm's $13B+ AUM Evergreen Platform and will be available to individual and institutional investors across multiple global regions.
The fund aims to leverage Hamilton Lane's extensive experience in venture and growth equity, with the firm managing $117.8 billion in assets and maintaining over 260 established relationships spanning more than 370 investments. HLGVG will utilize proprietary data, technology, and AI for decision-making, focusing on disruptive technologies and innovative businesses through a diversified portfolio structure.
Positive
- Expansion of successful evergreen platform with new venture capital product
- Access to exclusive private market opportunities not available in public markets
- Leverages firm's extensive network with 260+ relationships and 370+ investments
- Utilizes proprietary technology and AI for investment decision-making
- Global accessibility across multiple regions
Negative
- Limited to certain qualified investors only
- Investment risks associated with private venture capital and growth investments
News Market Reaction 1 Alert
On the day this news was published, HLNE declined 4.44%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Fund offers access to innovative private venture and growth investments not available in the public markets
HLGVG offers investors access to the firm's global venture capital investment platform, which seeks to deliver strong performance by investing in disruptive technologies and innovative businesses. The Fund leverages Hamilton Lane's deep expertise in private markets co-investments and secondaries to access compelling deal flow. Structured as an evergreen vehicle, the portfolio is diversified across vintage year, transaction type, manager, strategy and geography.
With a focus on innovation, diversification and institutional-quality assets, the Fund seeks to address common barriers to entry in this dynamic space. It follows the launch of the firm's venture evergreen fund in the
Matthew Pellini, Co-Head of Venture Capital and Growth Equity at Hamilton Lane, commented: "With companies choosing to stay private for longer, many of the most attractive investment opportunities today can only be found in the private markets, an important segment of which is the venture and growth space. By capitalizing on disruptive innovations in established and emerging market segments, the HLGVG portfolio aims to offer an edge in adaptation to new technological advancements, like AI as it drives a wave of growth in tech businesses."
"After launching our first evergreen fund in 2019, we continue to expand the strategies available to our investors around the world. We believe these structures will play an increasingly important role in many sophisticated investors' portfolios. Our launch of HLGVG, one of the few venture-focused evergreen products globally, allows clients to participate in the most inaccessible part of the private markets," said James Martin, Head of Global Client Solutions at Hamilton Lane.
Hamilton Lane has been active in the venture and growth equity space for nearly three decades. Within the venture and growth equity space, the firm has over 260 established relationships spanning more than 370 investments, with a total of
HLGVG is the latest addition to Hamilton Lane's broader
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
View original content:https://www.prnewswire.com/news-releases/hamilton-lane-launches-global-venture-capital-and-growth-evergreen-fund-adding-to-its-13b-aum1-evergreen-platform-302571895.html
SOURCE Hamilton Lane