Private markets asset management firm Hamilton Lane announced today the launch of Hamilton Lane Impact Fund II, a new private market targeting investment opportunities with measurable environmentalEnvironmental criteria consider how a company performs as a steward of nature. and socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. impact, while aiming to generate attractive returns.
The new launch follows the final closing last July of Impact Fund I, which raised more than $95 million. To date, Impact Fund I has made 13 investments in businesses with positive socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. and environmentalEnvironmental criteria consider how a company performs as a steward of nature. themes.
Jackie Rantanen, Managing Director and Co-Head of Impact at Hamilton Lane, said:
“As the demand for impact investing strategies continues to grow, we are pleased to provide investors a diversified private markets solution that aims to generate optimal outcomes through compelling performance and meaningful, measurable impact.
“Building upon the successful, proven strategy deployed in our inaugural Impact Fund, Fund II will leverage the strength of Hamilton Lane’s relationships with established, traditional GPs as well as impact-specific managers, and our established diligence process that strives for rigorous financial and impact underwriting.”
Hamilton Lane stated that the new fund will seek to make direct investments across geographies and strategies, including buyout, growth, late-stage venture, credit and real assets, with an emphasis on investments in transformative technologies, innovation and efficiency. Investments are expected to include companies that focus on clean energy transition, sustainable processes, health and wellness and community development.
David Helgerson, Managing Director and Co-Head of Impact said:
“The innovation economy is creating a wave of private markets investment opportunities that are driving transformative change to address the environmentalEnvironmental criteria consider how a company performs as a steward of nature. and socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. challenges that exist today. Our experienced teams leverage Hamilton Lane’s unique access and relationships to support growing businesses that are delivering unique and sustainable solutions and seeking to make the world a better place.”
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