Hamilton Lane raises over $850m of sustainable capital

Hamilton Lane, a private markets investment firm, has managed to raise more than $850 million of impact and sustainable capital, with the final close of its Impact Fund II bringing total commitments to $370 million.

The firm has also raised  over $500 million of “sustainable-focused investment capital” since early 2021 across its separately managed accounts.

David Helgerson, managing director and co-head of Impact, said that the firm’s sustainable investment platform was helped by “broad and diverse spectrum of investment opportunities” in companies focused on “economic solutions to the problems of the world today”.

Hamilton Lane’s Fund II, which is a closed-end investment vehicle, aims to generate private equity (PE) returns alongside positive social and environmental impact, through investments into businesses focused on clean energy transition, sustainable processes as well as health and wellness and/or community development.

The Fund’s recent investments included an emphasis on growth investments leveraging transformative technologies, innovation and efficiency, across varied sectors with products focused on: smart and efficient cities, online workforce training and education, design and manufacture of wind turbines and energy storage systems as well as carbon tracking and management.

Hamilton Lane said it had been actively executing on impact investment programs for two decades and, as of the end of 2022, it managed over $2.9 billion in impact strategies.