Hamilton Lane Closes Inaugural Venture Access Fund at $615.3 Million
- Editor
- Feb 6
- 1 min read
What's Happening: Hamilton Lane, a global private markets investment management firm, has successfully closed its inaugural Venture Access Fund (VAF), raising $615.3 million in commitments. The fund exceeded its target size of $500 million by 23%, attracting a diverse group of global investors.
The Key Moves:
VAF targets top-performing, oversubscribed venture funds and companies, leveraging Hamilton Lane's 30-year experience in the space.
The fund's unique composition of primary and secondary transactions aims to accelerate capital return and mitigate the J-curve.
This is Hamilton Lane's first globally distributed venture vehicle, representing an evolution of its Venture and Growth Equity Platform.
By The Numbers :
VAF raised $615.3 million, exceeding its $500 million target by 23%.
Hamilton Lane has nearly $117 billion in AUM and AUA across venture and growth equity.
The firm has $956 billion in assets under management and supervision as of December 31, 2024.
Key Quotes:
Miguel Luina, Co-Head of Venture and Growth Equity: "This achievement is a testament to the confidence our clients and investors have in our ability to access premier venture opportunities and navigate a dynamic market."
Matt Pellini, Co-Head of Venture and Growth Equity: "For those with scale, expertise and strong relationships, the current VC market presents compelling opportunities, driven by active company formation and rapid value creation from AI and other disruptive technologies, and lower overall capital availability."
*KQ3*
The Bottom Line: Hamilton Lane's successful closure of its Venture Access Fund above target demonstrates strong investor confidence in the firm's venture capital strategy. The fund's unique structure and focus on top-performing opportunities position it well to capitalize on current market dynamics in the venture capital space.
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