CONSHOHOCKEN, PA — Hamilton Lane (Nasdaq: HLNE) has introduced the Hamilton Lane Private Secondary Fund (“HLPSF”), a continuously offered evergreen investment vehicle designed to expand access to its market-leading private equity secondary platform. Registered under the Investment Company Act of 1940, the fund is available to accredited U.S. investors, including high-net-worth individuals and their advisors.
Key Features of HLPSF
The HLPSF offers investors a diversified portfolio of mature secondary private equity investments, targeting risk-adjusted returns with strong downside protection. Key highlights of the fund include:
- Low Entry Investment – Minimums starting at $25,000 make the fund accessible to a broader set of investors.
- Quarterly Liquidity – A structure offering the potential for periodic liquidity to suit sophisticated investor needs.
- Immediate Diversification – Investments span geographies, industries, strategies, and vintages, providing exposure to high-quality companies poised for growth.
- Targeted Focus – Middle-market buyout funds are a strategic priority, with an emphasis on partially to fully funded secondary investments.
Hamilton Lane leverages its $24.1 billion secondaries platform, developed over 24 years, to source opportunities with favorable entry discounts, long-term appreciation potential, and near-term distribution visibility.
A Unique Market Opportunity
The launch of HLPSF comes at a time of record activity in the secondary market. According to Ryan Cooney, Managing Director on Hamilton Lane’s Secondary Investment Team, secondary investments offer advantages such as enhanced capital deployment speed, greater visibility into asset performance, and a reduced J-curve effect. This makes them particularly appealing to those new to private markets.
“The secondary market today is more attractive than ever,” Cooney explained, emphasizing the ability for HLPSF to capitalize on these trends while offering investors a balanced combination of liquidity and promising long-term returns.
Expanding Private Market Access
Steve Brennan, Hamilton Lane’s Head of Private Wealth Solutions, highlighted the broader mission of HLPSF, stating, “This fund is an extension of our efforts to democratize access to private markets. It enables both private wealth and institutional investors to benefit from a diversified secondary portfolio that taps into key global growth trends.”
Looking Ahead
With the HLPSF, Hamilton Lane continues to lead in innovative private market solutions. The fund not only provides attractive entry points for investors but also underscores the firm’s strategy of enabling broader participation in private equity through flexible investment structures. HLPSF sets the stage for Hamilton Lane to further drive value creation and extend its leadership in the growing secondary market.
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