Hamilton Lane Incorporated: Local Investor Demand for Private Capital Continues to Increase
Strong Australian investor interest brings local Hamilton Lane fund to A $ 680 million
Global Private Assets Fund has generated overall returns for investors of over 28% * In the two years since its inception
Sydney – July 8, 2021– Australian investors are increasingly looking for growth opportunities outside of listed stocks, notes Hamilton Lane (NASDAQ: HLNE), one of the world’s largest private investors.
Increased interest from high net worth Australians, family offices and private fixed asset endowments has led to the growth of the Hamilton Lane Global Private Assets Fund (AUD) (hereinafter, ‘GPA‘) to A $ 680 million in the year through April 30, 2021.
Hamilton Lane marked GPA’s two-year milestone this month, with a cumulative return of 28.6% * since its inception in June 2019.
James Martin, Australian Country Manager for Hamilton Lane and Business Development Manager for APAC, said Australia’s private heritage sector is receptive to opportunities in private markets and is seeking access to a diverse range of alternative investments.
“While private equity has long been accessible to large institutional investors, for HNW investors, accessing the asset class has been difficult. The lack of liquidity and the high minimum investment amounts required added to the complexity. Through GPA, we are able to provide investors with a set of institutional grade transactions that were previously difficult for individuals to access, ”he said.
Hamilton Lane CEO Mario Giannini added: “The opportunity in private markets has grown significantly in recent years, while the number of state-owned companies has declined.
“At the same time, innovative private market solutions are now accessible to a wider range of investors.
He said: “We are seeing private investors in Australia and around the world adding private markets to their portfolios to gain exposure to these high quality, high growth private companies.”
Local growth should continue
In addition to the diversification benefits provided by non-public assets, Martin said local investors are also drawn to the opportunities to invest in emerging companies with high growth potential.
“Adoption by leading research houses and platforms in the region has been strong, and we are now seeing growing interest from financial advisors and asset management consultants, looking to add expertise in this area. and to offer this asset class to their most ambitious investor clients. . ‘
The Global Private Assets Fund passes the two-year milestone
GPA focuses on LBO investments (69% *), venture capital / growth capital (15% *) and private credit investments (16% *); and diversified in sectors such as health (24% *), industry (26% *), information technologies (19% *) and finance (13% *).
GPA has a “recommended” rating from Lonsec and Zenith.
GPA is available on most major platforms including BT Panorama, HUB24, IOOF, Macquarie Wrap, Mason Stevens, and MLC Wrap, among others.
Australia’s private equity industry is estimated at some $ 77 billion in assets under management.
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 market investments for 30 years, the company currently employs approximately 450 professionals working in offices in North America, Europe, Asia-Pacific and the Middle East. Hamilton Lane has approximately $ 719 billion in assets under management and supervision, including approximately $ 88 billion in discretionary assets and approximately $ 631 billion in advisory assets, as of March 31, 2021. Hamilton Lane specializes in creation flexible investment programs that give clients access to the full range of private market strategies, sectors and geographies. For more information, please visit www.hamiltonlane.com or follow Hamilton Lane on Twitter: @hamilton_lane.