) 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.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.