Hamilton Lane brings evergreen private infrastructure fund to Aus

Global private markets investment firm, Hamilton Lane, has launched two new evergreen private infrastructure funds – with one available in Australia – targeted particularly to high-net-worth (HNW) investors.

The Hamilton Lane Global Private Infrastructure Fund (HLGPI) is now available to eligible investors, including HNW individuals and their wealth advisers in EMEA, Canada, Australia, Latin America and Southeast Asia; while the Hamilton Lane Private Infrastructure Fund (HLPIF) is a continuously offered closed-end investment vehicle available to U.S. clients.

Leveraging total return strategies, the fund seeks to deliver investors exposure to an institutional-quality portfolio of global infrastructure assets through a single allocation. The fund will also capture direct co-investment and secondary investment opportunities to provide investors with holistic access to the infrastructure space and deliver attractive returns with downside protection.

“We are thrilled to announce the launch of HLGPI and HLPIF. 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,” Brent Burnett, Head of Infrastructure and Real Assets, said.

“Hamilton Lane is one of the largest investors in private infrastructure globally on a discretionary and supervisory basis, and the Funds aim to build on the success of our broader platform by offering unique access and expertise across infrastructure sectors, asset types and geographies to private wealth and institutional investors around the world.”

Both funds are focused on the power, transportation, data and telecommunications, environmental and energy sectors, offering the benefits of traditional infrastructure investments such as robust cash flows, high barriers to entry and inflation-hedging capabilities.

“Since the launch of our Evergreen Platform in 2019, we have steadily expanded upon our commitment to enable access for a broader set of investors to the private markets,” Steve Brennan, Head of Private Wealth Solutions, said.

“Today, with the additions of HLPIF and HLGPI, our Evergreen Platform now includes five funds across multiple strategies, serving hundreds of investors around the world and with a net asset value of approximately $8.1 billion [as of 31 August 2024].”