Hamilton Lane Closes new private credit fund $900m

By Daniel Lanyon on 6th June 2018

Alternative Credit

The new portfolio will target private credit Investments around the Globe.

Hamilton Lane Closes new private credit fund $900mImage source: https://goo.gl/dmTdo4

US based Hamilton Lane has closed its latest private credit portfolio with $900m in commitments.

The Hamilton Lane Strategic Opportunities Fund IV will focus on making credit-oriented investments with consistent cash yield, shorter duration and attractive risk-adjusted returns, the firm says. The fund will have a global mandate.

Investors include Taft-Hartley pension funds, insurance companies, endowments/foundations and high net worth individuals.

Drew Schardt, Managing Director and Global Head of Private Credit at Hamilton Lane, said:

“Growing LP interest in private credit has been driven by the attractive yield and return characteristics of the asset class, which are also unique in the context of a broader private market portfolio. At the same time, a secular shift in the debt supply dynamics within the middle-market landscape has created a robust opportunity for investors”.

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