Christopher Faille
The latest fund focusing on subordinated debt is double the size of its predecessor and was raised in three months.
The new fund is more than five times the value of its predecessor and is 63% invested.
Pennsylvania-based investment manager Hamilton Lane has announced the final closing of its Hamilton Lane Strategic Opportunities Fund VII, the largest fund ever within the Strategic Opportunities Fund series.
Firm headed by women raised its hard-cap from $400m due to investor demand.
Whether it’s the average fund size, the size of the overall market or the scale (and ambitions) of the fund managers, the industry has expanded at a pace that has surprised many in the finance industry.