Secondary Funds
Hamilton Lane has been an active participant in the secondary market since 2000.
Our dedicated funds for secondary investments offer investors a unique portfolio in this niche strategy. Hamilton Lane’s deep-rooted relationships with managers and active sourcing efforts provide us with a high quality deal flow. Fund managers view Hamilton Lane as an attractive buyer of secondary interests because of our ability to make primary commitments to future funds.
Why secondaries?
- J-curve mitigation: investments are purchased further along in their life cycle, reducing the negative impact of management fees and accelerating the pace and timing of distributions
- Instant portfolio diversification: secondaries provide investors with the ability to quickly diversify a portfolio by vintage year, investment strategy, industry sector and fund manager
- Risk reduction through knowledge of underlying assets: when evaluating a secondary transaction, the portfolio companies can be carefully analyzed, reducing the "blind pool" risk associated with primary investments
- Increased pace of capital deployment: investments are typically at or near the end of their investment periods when purchased. As such, relative to primary commitments, which are drawn over 3-5 years, capital is deployed immediately at closing of each investment
To reach a member of the Secondary team, please email secondary@hamiltonlane.com.
