Investment firm Hamilton Lane closes $5.6 bln fundraising, exceeds target

By Jerry  Published On June 20, 2024
June 19 (Reuters) – Hamilton Lane (HLNE.O), opens new tab raised $5.6 billion as part of its Hamilton Lane Secondary Fund VI, exceeding its initial target, the investment management company said late on Tuesday.
The fundraising, the biggest in the firm’s history, saw strong support from a diverse group of new and existing investors with the fund exceeding its $5 billion target, the company said in a statement.
The company did not mention what it will use the proceeds for.
Source: REUTER

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