Asset management firm Hamilton Lane has announced its assets under management and advisement has hit $471bn as of the first quarter of the 2018/19 financial year, a 30% increase compared to the same time last year.
Gyrus is fundraising for both its open-ended Cortex Fund and closed-ended Principal Fund
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Predecessor vehicle PEC III closed on $389m in October 2017 and is now fully deployed
Arlington expects to put fresh capital into the business and grow it through acquisitions