Hamilton Lane Closes Its Largest Ever Private Credit Fund on More Than $950m

Leading private markets investment management firm Hamilton Lane announced the final closing of Hamilton Lane Strategic Opportunities Fund VII.

The Fund, which is the largest ever within the series, represents approximately $953 million in commitments from a diverse set of institutions, including returning and new investors across North America, Asia, EMEA and Latin America.

The latest close is a testament to the proven strategy of Hamilton Lane’s Strategic Opportunities offering, an annual fund series that is focused on delivering attractive, risk-adjusted returns to investors. The Fund will primarily utilize direct credit investments, selectively layering in other credit-like investments to create a portfolio biased toward shorter-duration exposures, seeking downside protection and current cash-pay.

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Nayef Perry, Global Co-Head of Direct Credit, commented: “This is a unique moment for private credit as an asset class. Volatility concerns and rising interest rates are attracting investors to private credit due to its floating rate nature and historical consistency of performance through up and down markets.

Perry continues: “Additionally, periods of market uncertainty tend to negatively impact the public credit markets, which creates opportunities for private lenders who are well-equipped to navigate complexity and provide certainty of capital to borrowers.”

Emily Nomeir, Managing Director, Direct Credit Investments, said: “This Fund is structured to demonstrate the stability private credit can offer investors, particularly during times of public market uncertainty. Benefits like cash yield, attractive risk-adjusted returns and the ability to carefully navigate volatility are hallmarks of our strategy, and we’re grateful to our limited partners for their continued support. We remain committed to providing solutions for investors of all types and will continue to leverage Hamilton Lane’s flexible approach and well-established platform as we deploy the Fund.”

Source: PR Newswire

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