years of impact investing
Impact AUM
of investments co-underwritten or via proprietary access
selection rate across diversified impact opportunities
*As of December 31, 2023
Impact Platform
We are a long-standing impact investor that benefits from being attached to one of the world’s leading private markets platforms. As one of the largest investors and allocators of private markets capital in the world, with more than $903B of assets under management and advisement* and $30B of primary capital allocated annually1, the scale of our platform provides the ability to access differentiated and unique deal flow. Our dual underwriting process ensures alignment through the simultaneous but independent diligence of both financial returns and impact criteria.
IF III Strategy
Hamilton Lane Impact Fund III is focused on providing investors with attractive returns through a diversified portfolio of direct equity investments while also delivering a meaningful and measurable environmental and/or social impact, all done through an attractive fee structure. The Fund will employ the established and proven impact investing strategy that Hamilton Lane has effectively executed since 2001. The Fund aims to invest in companies providing innovative and collinear solutions, utilizing transformative technologies to create efficiencies that drive environmental and social impact. As with our previous commingled impact fund offerings, the Fund intends to identify, track and report on impact metrics of the underlying investments. For investors seeking environmental-only allocations, the Fund will also offer an optional series to accommodate this tailored exposure.
Market Opportunity
The market for impact investing has gained significant momentum over the last decade. As the demand for impact investing has grown, so too have the opportunities to invest. The Fund targets themes backed by secular shifts, not cyclical trends. Hamilton Lane’s Impact strategy focuses specifically on companies with solutions for the environmental and social challenges across the globe, resulting in an acyclical investment approach.
In addition, Impact Fund III is well positioned to capitalize on favorable direct equity/co-investment market dynamics. GPs continue to navigate a challenging fundraising environment, while interest rates remain elevated. With less capital flowing in from their funds, and relatively expensive debt options, GPs have turned to their strategic scaled direct equity partners to fill the capital void. Hamilton Lane has benefited from this dynamic, having reviewed a record $6.3B of direct impact deal flow in 2023 alone.
Fundraise Timeline
Impact Fund III is targeting a first close at the end of Q2 2024. We will offer investors an early close incentive amounting to a 10% discount during the investment period if participating in the first closing.
Contact Us
Our team welcomes the opportunity to connect with you at your convenience, and we look forward to speaking with you regarding Impact Fund III. If you have questions, please feel free to contact your Hamilton Lane representative.
For data room access, please reach out to adurante@hamiltonlane.com.
1The 2023 capital committed includes all primary commitments that closed during the year 2023 for which Hamilton Lane retains a level of discretion as well as nondiscretionary advisory client commitments for which Hamilton Lane performed due diligence and made an investment recommendation. Direct Investments includes all discretionary and nondiscretionary advisory direct equity and direct credit investments that closed during 2023. Secondaries includes all discretionary and nondiscretionary advisory secondary investments with a signing date during 2023.