Insight

Hamilton Lane racks up $953m for new private credit fund

Hamilton Lane Strategic Opportunities Fund VII's LPs include returning and new investors across North America, Asia, EMEA and Latin America.

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  • Hamilton Lane has more than $832 billion in assets, as of June 30, 2022
  • It is headquartered in Conshohocken, Pennsylvania
  • Hamilton Lane was founded in 1991

Hamilton Lane has closed its latest private credit fund at about $953 million.

Hamilton Lane Strategic Opportunities Fund VII’s LPs include returning and new investors across North America, Asia, EMEA and Latin America.

Nayef Perry, Hamilton Lane’s global co-head of direct credit, said in a statement, “This is a unique moment for private credit as an asset class. Volatility concerns and rising interest rates are attracting investors to private credit due to its floating rate nature and historical consistency of performance through up and down markets. Additionally, periods of market uncertainty tend to negatively impact the public credit markets, which creates opportunities for private lenders who are well-equipped to navigate complexity and provide certainty of capital to borrowers.”

Hamilton Lane has more than $832 billion in assets under management and supervision, composed of $108 billion in discretionary assets and more than $724 billion in advisory assets, as of June 30, 2022. Founded in 1991, Hamilton Lane is headquartered in Conshohocken, Pennsylvania.