Hamilton Lane raises $900m

The Pennsylvania-based investment firm holds a final close on its fourth strategic opportunities fund.

Hamilton Lane announced a final close of its latest private credit vehicle, Hamilton Lane Strategic Opportunities Fund IV, at $900 million.

The fund, which according to the firm surpassed its undisclosed target size, will make short-duration credit-oriented investments offering attractive risk-adjusted returns across multiple sectors and regions.

The Pennsylvania-based investment firm’s previous strategic debt vehicle, Hamilton Lane Strategic Opportunities 2017, closed on $435 million in June 2017.