Hamilton Lane has completed the final closing of its Hamilton Lane Infrastructure Opportunities Fund (IOF), surpassing its $500 million target.
According to Hamilton Lane, the fund and related vehicles represent nearly $590 million in commitments from a wide range of global limited partners, including public pensions, Taft-Hartley plans, foundations and endowments, ultra-high-net-worth individuals, family office investors, insurance companies, and asset managers.
The fund seeks unique direct co-investment and secondary investment opportunities.
“There is a set of strong macro tailwinds that continues to drive investor appetite within the infrastructure landscape, marked by the key themes of energy transition, digitization and logistics,” said Brent Burnett, head of real assets at Hamilton Lane. “Due to our robust deal flow, deep experience and strong GP relationships, we’ve been able to remain highly selective — maintaining a 2.2 percent selection rate