Investment firm Hamilton Lane closes $5.6 billion fundraising, exceeds target
) 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.Geopolitical pressures and economic uncertainties have recently dampened investor sentiment which has weighed on private equity fundraising globally.
Hamilton Lane Secondary Fund VI , part of the company's secondaries platform, follows a fundraising by its Secondary Fund V which closed at $3.9 billion in commitments in 2021.
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