Hamilton Lane has secured nearly $2bn for its latest global mid-market infrastructure strategy
The manager said the Hamilton Lane Infrastructure Opportunities Fund II (IOF II) closed with $1.5bn in capital commitments, and also secured an additional $400m for co-investment and related vehicles.
Hamilton Lane said IOF II saw a strong re-up rate from existing backers while attracting over 30 new investors globally, particularly across the Middle East and Asia.
IOF II’s backers include a broad spectrum of institutional and private sources, ranging from pension schemes and foundations to family offices and insurers, the manager added.
Hamilton Lane said, IOF II has so far committed approximately 40% of its capital across 14 deals.
Brent Burnett, global head of infrastructure and real assets at Hamilton Lane, said: “We are thrilled to announce the successful final close of the fund, a significant milestone for our infrastructure platform, and are incredibly grateful for the support that we have received from our global investor base.
“The megatrends shaping the global economy – including digitisation and AI, power delivery, supply chain optimisation, and resource efficiency – are fundamentally underpinned by infrastructure.
“We believe these structural trends create a target-rich landscape for our global mid-market strategy, and we will continue to leverage our access and information advantages to find compelling opportunities for our investors.”
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