Hamilton Lane Private Infrastructure Fund had a ~50% allocation to secondaries as of Q3, according to SecondaryLink's Evergreen Screener.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The collaboration with LODAS Markets will first provide an additional liquidity pathway to investors of Harrison Street AM semi-liquid evergreen funds.
As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
The recently registered interval fund, sub-advised by GCM Grosvenor, will target real asset investments through secondary, primary, co-investment, and listed transactions.
The interval fund targets venture companies through primary and secondary investments, and currently holds stakes in Kalshi, SpaceX, Databricks, and Runway AI.
He brings almost a decade of experience at Partners Group, investing across private real estate, including secondaries.
We highlight the key features of the Cliffwater-managed interval fund, which will target capital-intensive private real assets through secondary, primary, and direct investments.
The semi-liquid structures, which span credit and infrastructure strategies, target investment opportunities through secondaries.
SecondaryLink analyzes the subscriptions, redemptions, net capital share transactions, and distributions across '40 Act secondary funds, using data from the SecLink Evergreen Screener.
