Ropes & Gray Guides Hamilton Lane To $900M Fund Closing
Law360 (June 5, 2018, 7:58 PM EDT) -- Alternative investment management firm Hamilton Lane, with assistance from legal adviser Ropes & Gray LLP, has clinched its latest credit-focused fund after collecting about $900 million from investors, according to a Tuesday statement.
The fund, billed as Hamilton Lane Strategic Opportunities Fund IV, surpassed its original target and brought in capital from a global group of limited partners that includes pension funds, insurance companies, endowments and foundations, and high-net-worth individuals. The investments came from new and existing sources in Asia, North and South America, and the Middle East.
HLSO Fund IV will look to make credit-oriented investments “with consistent cash yield,...
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