Hamilton Lane Strategic Opportunities 2017 Fund has held a final close at $435 million, surpassing its original target of $250 million. The fund makes credit investments with consistent cash yield.
The fund’s investor base consists of pension funds — such as the Municipal Authority of Westmoreland County Employees Pension Plan — foundations, insurance companies and high net worth individuals.
Hamilton Lane’s 2016 strategic opportunities fund held a final close at $210 million in June 2016.