Bala Cynwyd, Penn. – Hamilton Lane, a leading global private markets asset management firm, today announced that it has successfully closed on $160 million in capital for the Hamilton Lane Global SMID Fund (“the Fund”). The Fund provides a customized approach to private equity investing for South American investors, tailored to meet their specific needs and deliver broad exposure and access to high quality small and mid-market buyout managers. The Fund is supported by a diverse group of South American investors, including pension funds, insurance companies and family offices.
“We are proud of the strength and quality of the investor base assembled in this fund, which includes our first Chilean pension fund investors,” said Juan Delgado, Head of International at Hamilton Lane. “Through this fund, we are able to provide investors in South America with access to the global private equity market, supported by Hamilton Lane’s customized portfolio construction and best practices in global SMID investing.”
Hamilton Lane has steadily grown its dedicated presence and resources in South America; in 2011, the firm opened a Rio de Janeiro office, which is currently overseen by Ricardo Fernandez Jr. Having been an investor in the region since 1997, the Global SMID Fund further extends Hamilton Lane’s reach and capabilities in South America. Hamilton Lane partnered with Picton, an independent investment advisory firm serving high-net-worth individuals and institutional investors in Chile, Peru and Colombia, to develop and raise the vehicle.
About Hamilton Lane
Hamilton Lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The firm has been dedicated to private markets investing for more than two decades and currently has more than 250 employees operating in offices throughout the U.S., Europe, Asia, Latin America and the Middle East. With more than $239 billion in total assets under management and supervision1, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis.
1 As of December 31, 2015