
Hamilton Lane holds $210m final close for credit fund
US asset manager firm Hamilton Lane has held a final close on $210m for its Strategic Opportunities Fund 2016, surpassing its $150m target.
The fund is structured as an annual series with a single-year investment period and will focus on global credit opportunities, making cash-yielding investments in credit products.
Hamilton Lane said in a statement the fund was launched as a way of offering LPs short-duration returns.
LPs in the fund include existing Hamilton Lane investors, as well as new backers, consisting of a global mix of insurance companies, pension funds, family offices and endowments, in addition to other financial institutions.
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