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