Sydney – Hamilton Lane (NASDAQ: HLNE), a leading private markets investment management firm, announced today that its Global Private Assets Fund (AUD) has received a Highly Recommended rating from Zenith Investment Partners (“Zenith”), Australia’s leading independent research provider.
This is the highest rating that a fund manager can receive in Australia and only some 5 per cent of the funds in the ‘Alternatives’ category have received this coveted rating.
In its review of the Hamilton Lane Global Private Assets (“GPA”) Fund, Zenith said its conviction had increased in line with a growing confidence in the quality of the investment team and further maturation of the portfolio and investor base.
James Martin, Hamilton Lane’s Australian Country Head, said Australian sophisticated investors were increasingly interested in opportunities in private markets given the potential for returns and diversification they offer.
“While private assets have long been accessible to institutional investors, through the Global Private Assets Fund we’ve made them available for a broader group of investors both large and small,” he said. “The GPA Fund provides investors with a set of institutional-quality transactions that were previously difficult for individuals to access. We have addressed the traditional constraints of illiquidity and large minimum investment amounts, enabling a broader range of investors to access the private markets.”
The GPA Fund aims to generate returns of between 10% and 12% a year (net of fees) over rolling five-year periods, with low volatility (as measured by Standard Deviation). The Australian Dollar Hedged share class has returned 15.9% (net) annualised since inception and has assets of over $1 billion AUD as of 31 December 2021. To achieve this, Hamilton Lane invests across a mix primarily of private equity direct/co-investments, secondaries, and to a lesser extent, Direct Credit and Opportunistic investments. The Fund focuses on investments in buyouts, venture capital & growth equity, and private credit investments.
The Fund is available on most major platforms, including BT Panorama, HUB24, IOOF, CFS Firstwrap, Macquarie Wrap, Mason Stevens and MLC Wrap.
Hamilton Lane is one of the world’s largest private capital investors, managing or advising on over a trillion AUD of private markets investments as of 31 December 2021.
About Hamilton Lane
Hamilton Lane (NASDAQ: HLNE) is a leading private markets investment management firm providing innovative solutions to sophisticated investors around the world. Dedicated exclusively to private markets investing for 30 years, the firm currently employs more than 520 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $851 billion in assets under management and supervision, composed of over $98 billion in discretionary assets and nearly $753 billion in advisory assets, as of December 31, 2021. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit www.hamiltonlane.com or follow Hamilton Lane on LinkedIn: https://www.linkedin.com/company/hamilton-lane/.
This release is provided for general information purposes only and is not to be construed as solicitation of an offer to buy or sell any financial product. Accordingly reliance should not be placed on this document as the basis for making an investment, financial or other decisions. This information does not take into account your investment objectives, particular needs or financial situation. A Product Disclosure Document (PDS) issued by The Trust Company (RE Services) Limited ABN 45 003 278 831, AFSL 235150 as responsible entity of the Hamilton Lane Global Private Assets Fund (AUD) ARSN 631 635 393 (Fund) dated 16 April 2021 is available for the Fund. You should obtain and consider the PDS for the Fund before deciding whether to acquire, or continue to hold, an interest in the Fund. Applications for units in the Fund can only be made pursuant to the application form attached to the PDS.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned February 2022) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines