Hamilton Lane has closed its Hamilton Lane Co-Investment Fund IV above its target with approximately $1.7 billion in total commitments from a wide range of global investors, including public pension funds, sovereign wealth funds, Taft-Hartley pension plans, endowments, foundations, high-net-worth individuals and other financial institutions.
This fund represents the fourth dedicated vehicle of its kind. It's strategy is to provide direct equity capital into buyout and growth transactions alongside leading general partners, as well as unique diversification across enterprise value, geography and industry. More than half of the fund’s limited partners are repeat investors with the firm.
The fund is supported by a dedicated team of 22 co-investment professionals around the world, and is an extension of Hamilton Lane’s broader co-investment global equity platform, which includes commingled co-investment funds and discretionary separate accounts, and represents over $4.9 billion in assets under management and supervision as of March 31, 2019.