Hamilton Lane has closed its second impact fund with more than $370 million of commitments — more than 3.75 times larger than its predecessor fund.
Launched in 2021, Hamilton Lane Impact Fund II is a closed-end investment vehicle that aims to generate attractive private equity returns alongside positive social and environmental impact. The fund invests in businesses around the world with a focus on clean energy transition, sustainable processes, health and wellness and/or community development. The vehicle focuses on making direct investments across geographies and strategies, including buyout, growth, late-stage venture and real assets.
Fund II has made nine investments to date, with a specific emphasis on growth investments that leverage transformative technologies, innovation and efficiency. Initial investments have been in a variety of sectors, including smart and efficient cities; online workfo