Hamilton Lane Launches Evergreen VC and Growth Fund
Alternative asset manager Hamilton Lane launched a new venture capital and growth fund to join its broader $10 billion AUM evergreen products.
The Hamilton Lane Venture Capital and Growth Fund (HLVCG) is open to qualified purchasers. The firm will tap into its existing venture capital investment platform to seed the fund and will focus on “disruptive technologies and innovative companies.” It will also tap secondaries to give the portfolio diversification across vintage year, transaction type, manager, strategy and geography.
“Our VC strategy is designed to produce an asymmetric return profile that may limit losses and capture the attractive upside potential that venture and growth equity investments seek to provide,” Miguel Luiña, co-head of venture and growth equity at Hamilton Lane, said in a statement.
Hamilton Lane has over 260 established relationships spanning more than 370 investments in the venture and growth equity space, with a total of $117.8 billion assets under management and supervision.
Goldman Sachs Asset Management’s Public/Private Custom Models Go Live
Goldman Sachs Asset Management is now offering total portfolios of public and private investments in a single account for RIAs, in its partnership with GeoWealth and iCapital. Goldman Sachs Asset Management first announced its partnership with GeoWealth in October 2024.
RIAs will be able to allocate to and implement evergreen accredited investor alternatives alongside mutual funds, ETFs and equity SMAs within their own models or GSAM-designed custom models on GeoWealth’s platform.
“Sophisticated RIAs have been seeking to modernize portfolios by incorporating public and private investment strategies. However, managing rebalancing and redemptions at scale has been a challenge,” Marc Nachmann, global head of asset and wealth management for Goldman Sachs, said in a statement.
To manage the evergreen funds, GeoWealth has developed “integrated workflows and a flexible rebalancing approach to facilitate liquidity needs and streamlined access across public and private market portfolios.”
In addition, RIAs will be connected to iCapital’s Multi-Investment Workflow capabilities.
Venturi Private Wealth Partners Taps Opto to Expand Private Markets Program
Austin, Texas-based Venturi Private Wealth, an independent wealth management firm and multi-family office with a $3 billion AUM, announced it will work with Opto Investments to bolster its private market investment management capabilities.
Venturi will use Opto’s platform to scale its existing private markets program and identify new opportunities across private credit, private equity and real estate. The firm will also use the platform to manage the administrative and operational complexities of its private funds going forward.
Over the years, Venturi has launched and managed several private funds, including investments in middle-market buyout funds, real estate, industry specialist funds, direct lending, aircraft leasing and trading, and specialty finance. Using Opto’s platform, the firm plans to introduce new private equity vintage funds every 18 to 24 months.
#Hamilton #Lane #Launches #Fund #GSAM #Live #Custom #Model #Portfolios