Pensylvannia-based private markets asset manager Hamilton Lane has launched two evergreen funds which allow wealthy individuals to access investments in infrastructure assets.
The Hamilton Lane Global Private Infrastructure Fund is open to qualified investors from around the world whereas the Hamilton Lane Private Infrastructure Fund is only open to US investors.
Both funds aim to offer individual investors uncorrelated, risk-adjusted returns and downside protection via a single allocation to a globally diversified portfolio of infrastructure assets.
The launch builds on the firm’s existing suite of $7.9 billion evergreen funds, launched in 2019.
Dominik von Scheven, Managing Director for Infrastructure Equity, said that the new semi-liquid funds will allow investors to periodically withdraw a portion of their capital on a monthly or quarterly basis. Each of the funds has already make around ten investments.
Both funds are total return strategies, targeting both capital appreciation and income, designed to provide exposure to an institutional-quality, global portfolio of infrastructure assets through a single investment.
With a focus on identifying and capturing strategic opportunities in the infrastructure space, including direct co-investment and secondary investments, the funds aim to deliver attractive returns and downside protection.
Brent Burnett, Head of Infrastructure and Real Assets, said: “Infrastructure is one of the fastest-growing asset classes in the private markets, underpinned by the fundamentally infrastructure-enabled themes of energy transition and the continued rollout of AI which we believe will continue to create investment opportunities for years to come.”
