Hamilton Lane today announced the launch of the Hamilton Lane Private Assets Fund, a closed-end investment vehicle registered under the Securities Act of 1933 and the Investment Company Act of 1940.
BNP Paribas, a premier global bank, announces today it has appointed the Quantitative Investment Strategies group of Credit Suisse Asset Management (CSAM QIS) to serve as the allocation agent for the CSAM QIS Dynamic Multi-Factor Diversified Strategy (the “DMD7”) index.
The Fund reached its hard cap of $500 million and when including employee capital and a separate account totals over $600 million of investable capital, more than three times the size of its predecessor fund, KCLOP I, which closed in 2018.
Just before Christmas, the SEC approved a proposal from the New York Stock Exchange to alter its rules to allow companies to raise money through a direct listing. That could level the playing field for all investors.
After struggling to meet a $12 billion fundraising goal, BlackRock staffers have set sights on growing the private-equity fund to $4 billion to $6 billion in assets over time.