Hamilton Lane’s $760 Million Fundraising

Ropes & Gray advised Hamilton Lane on Hamilton Lane Strategic Opportunities Fund V.

Hamilton Lane (NASDAQ: HLNE) is a leading alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world.

The Fund represents more than $760 million in commitments from a wide range of global LPs including repeat as well as new investors from Asia, the Middle East, Europe and North and South America.

The Series is focused on making credit-oriented investments with consistent cash yield, shorter duration and attractive risk-adjusted returns. Consistent with previous vehicles, the Fund is comprised of a diverse set of institutions, including Taft-Hartley pension funds, insurance companies, high-net-worth individuals and endowments and foundations.

Hamilton Lane has long been an active investor in targeted strategies, including credit-oriented direct investments and co-investments. While this vehicle represents the fifth of its kind, it is an extension of Hamilton Lane’s broader credit platform, which the firm has been building for over 20 years and which represents more than $34 billion in assets under management and supervision as of March 31, 2019.

The Ropes & Gray team advising Hamilton Lane was led by asset management partner Peter Laybourn (Picture) and included tax & benefits partners Bill Jewett and Jay Milkes, tax & benefits counsel Seth Piken, asset management associates Justin Kliger, Tim Morgan, Ryan Marcus and Youna Kim, and tax & benefits associate Denise Sohn.

Involved fees earner: William Jewett – Ropes & Gray; Youna Kim – Ropes & Gray; Justin Kliger – Ropes & Gray; Peter Laybourn – Ropes & Gray; Ryan Marcus – Ropes & Gray; Jay Milkes – Ropes & Gray; Timothy Morgan – Ropes & Gray; Seth Piken – Ropes & Gray; Denise Sohn – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Hamilton Lane Inc.;

Author: Ambrogio Visconti