Private markets investment management firm Hamilton Lane has announced the launch of the Hamilton Lane Private Secondary Fund (HLPS), a continuously offered evergreen investment vehicle registered under the Investment Company Act of 1940, available to U.S. accredited investor clients, including sufficiently qualified high-net-worth investors and their wealth advisers.
HLPSF offers private wealth and institutional investors across the United States access to the firm's market-leading secondary investment platform. It seeks to provide favorable risk-adjusted returns with strong downside protection through a portfolio of what the firm believes to be high-quality companies and assets diversified across sponsors, strategies, industries, vintages and geographies. Key features of the fund include the potential for quarterly liquidity and investment minimums as low as $25,000, immediate access to a portfolio of mature private equity investments which are believed to be poised for val