Private markets investment management firm Hamilton Lane has announced that its Global Private Assets Fund (GPA) has reached approximately US$4B in AUM and has built a five-year track record of performance.
With an annualized net performance of 14.00% since inception as of March 31, 2024, GPA has demonstrated robust performance thus far and has attracted significant investor interest due to the demand for new and diversified sources of returns. Since its establishment in 2019, GPA has successfully navigated various market conditions and has witnessed a consistent rise in demand from both private wealth and institutional investors. The Fund offers a well-constructed portfolio that is diversified across buyout, credit, and venture capital/growth investments within a single allocation. As of March 31, 2024, GPA has over 170 investments in its portfolio. The Fund is accessible to selected retail and wholesale investors in Australia, New Zealand, Canada, Europe, Asia, Latin America, and the Middle East.
GPA, Hamilton Lane's inaugural offering on its Evergreen Platform, has expanded to include the Private Assets Fund (PAF), now accessible to qualified U.S. clients under the Securities Act of 1933 and the Investment Company Act of 1940 ("40 Act"). The Platform also features the Senior Credit Opportunities Fund (SCOPE), available to qualified high-net-worth investors and advisors in select regions. With further evergreen offerings in development, the Evergreen Platform's total AUM approaches US$7 billion as of March 31, 2024.