Years of Venture Capital Track Record1
VC & Growth Assets Under Management2
Active VC & Growth Equity Relationships3
Evergreen Assets Under Mangement3
A Leading Venture Platform
- Relationship drive deal flow and differentiated insights from 29 years of investing in venture
- Multiple access points to category winners
- Experience and expertise in structured investments
- HL's comprehensive data and proprietary technology = competitive advantages
HL VC & Growth Track Record since 2011
Growth companies are staying private longer. Get access through Hamilton Lane’s venture fund.
Backed by three decades of expertise and a robust network of relationships, we believe we have consistently delivered access to high-quality private market opportunities, including those in venture and growth. Notably, venture and growth comprise nearly 15% of the firm's total assets under management and assets under supervision. Since 2011, we have committed over $3.8 billion to venture capital and growth transactions. In a space characterized by wide return dispersion, we believe, prioritizing top-tier investments remains essential for achieving success.
- Active investments: Over 260 venture and growth equity relationships spanning more than 370 investments with a total assets under management / assets under supervision of $117.8B2
- Transaction returns: Across 130+ realized and unrealized transactions, Hamilton Lane has achieved a 1.4x net total value to be paid in and a 16.2% net internal rate of return4
- Realized returns: Among 75 realizations, the firm delivered a 1.9x net total value to be paid in and a 21.7% net internal rate of return4
Why now?
- Accelerating Innovation: Today we are on the cusp of what many are calling the cognitive revolution, a reference to the shifting of many cognitive tasks across industries to A.I. This fund will invest in disruptive technologies and innovative businesses, such as AI.
- Private markets dominate growth: Companies are staying private through their most attractive growth phases, which means the best opportunities may not be available via public markets. While there are 501 publicly listed tech companies in the U.S., private markets encompass over 700,000 tech firms*
- Market share growth potential: Venture and growth equity have grown from a quarter of private equity net asset value (NAV) in 2010 to over one-third today**, propelled by attractive returns and increased demand for exposure to innovation
- Reduced capital flow amid record opportunities: Since the peak of the venture market in 2021, less capital has flowed into venture and growth. Despite this, the current market offers a record opportunity set. With reduced deal volume, investors are becoming increasingly selective, focusing on backing high-quality companies—we believe to be a positive dynamic for the sector
*Source: Cobalt, CapIQ, CompTIA 2024 Tech Workforce, U.S. Department of Commerce (January 2025)
**Source: Hamilton Lane Data as of 09/30/2024 (January 2025) “Today” is as of Q3 2024
Target Portfolio Construction
For illustrative purposes only. Allocations subject to change without notice.
Related Insights
2Inclusive of $13.9B in discretionary assets under management and $103.9 in non-discretionary assets under management as of 12/31/24
3As of 4/30/2025. Unless otherwise noted, AUM as of 4/30/2025 represents NAV as of 4/30/2025 plus subscriptions received for the 5/1/2025 trade date
4Source: Hamilton Lane Venture Capital / Growth Equity Secondary Purchase & Direct Investment Discretionary Track Record as of 6/30/2024
HMLAN-4658265-07/25