New evergreen funds from Hamilton Lane offer diversified infrastructure investment opportunities globally
Hamilton Lane has launched two new evergreen funds, expanding access to private market infrastructure investments for accredited investors globally.
The Hamilton Lane Global Private Infrastructure Fund (HLGPI) is available to qualified investors, including high-net-worth (HNW) investors and their wealth advisors, in regions such as EMEA, Australia, Canada, Latin America, and Southeast Asia.
Meanwhile, the Hamilton Lane Private Infrastructure Fund (HLPIF) is a continuously offered closed-end investment vehicle registered under the Securities Act of 1933 and the Investment Company Act of 1940, and is available to US clients, including HNW investors.
Both HLGPI and HLPIF target total return strategies, focusing on capital appreciation and income. These strategies are designed to provide exposure to global infrastructure assets through a single investment.
With an emphasis on infrastructure opportunities, including direct co-investment and secondary investments, the funds offer liquidity with monthly or quarterly redemptions.
The portfolios of both funds include core plus and value-add infrastructure assets, characterized by high barriers to entry and durable cash flows.
These assets also provide potential inflation-hedging qualities, competitive total returns, and income yield. Sectors targeted by the funds include power, transportation, data, and telecommunications, environmental, and energy.
Brent Burnett, head of Infrastructure and Real Assets at Hamilton Lane, stated, “Infrastructure is one of the fastest-growing asset classes, underpinned by energy transition and AI. Hamilton Lane’s extensive experience and the new funds aim to build on our success by offering unique access across sectors, asset types, and geographies.”
Hamilton Lane has been managing infrastructure-focused separate account mandates (SMAs) for over 24 years.
The firm’s infrastructure platform, which has been operational since 2000, includes closed-end funds and SMAs, totalling nearly $72bn in assets under management and supervision as of June 30.
Steve Brennan, head of Private Wealth Solutions, noted the growth of Hamilton Lane’s Evergreen Platform, adding, “Since the launch of our Evergreen Platform in 2019, we have expanded our commitment to broadening access to private markets.”
Brannan continued, “Today, with HLPIF and HLGPI, our platform now includes five funds across multiple strategies, serving hundreds of investors globally with a net asset value of approximately $8.1bn as of August 31.”
Hamilton Lane’s Evergreen Platform also includes the Global Private Assets Fund, the Private Assets Fund, and the Senior Credit Opportunities Fund.