Hamilton Lane has taken a significant step forward in the private markets investment space with the successful closure of its first globally distributed venture vehicle.
The Conshohocken, Pennsylvania-based firm has raised an impressive $615.3 million for its Venture Access Fund (VAF), marking a milestone in its nearly three-decade history of investment expertise.
Strong Investor Backing
The fundraising effort drew interest from a broad and diverse group of investors worldwide.
Participants included public and corporate pension funds, financial institutions, Taft-Hartley plans, family offices, foundations, and endowments.
This strong backing underscores the confidence in Hamilton Lane’s ability to deliver results in the venture and growth equity market.
Strategic Investment Approach
Under the leadership of Matt Pellini and Miguel Luina, Co-Heads of Venture and Growth Equity, the Venture Access Fund aims to strategically invest in both funds and companies.
Leveraging Hamilton Lane’s extensive industry relationships and established platform, VAF is structured to include both primary and secondary transactions.
This approach is designed to optimize returns for investors by accelerating capital deployment and providing a fee-efficient venture capital solution.
A Global Powerhouse in Investment Management
Hamilton Lane operates on a global scale, employing approximately 740 professionals across North America, Europe, Asia-Pacific, and the Middle East.
As of December 31, 2024, the firm oversees a staggering $956 billion in assets.
This includes nearly $135 billion in discretionary assets and more than $821 billion in non-discretionary assets, reinforcing its position as a leader in private markets investment management.
Looking Ahead
With the successful launch of the Venture Access Fund, Hamilton Lane is poised for further expansion in the venture capital sector.
Investors and industry experts will be watching closely to see how the firm leverages its extensive network and expertise to drive returns.
What’s next for Hamilton Lane? Time will tell, but this latest achievement signals continued growth and innovation in the years ahead.
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