Ropes & Gray Advises Hamilton Lane on Strategic Opportunities Credit Fund 2017
Ropes & Gray advised Hamilton Lane in the successful final closing of Hamilton Lane Strategic Opportunities Fund 2017 (the Fund). With approximately $435 million in commitments—exceeding the initial target of $250 million—the Fund is focused on making credit-oriented investments with consistent cash yield.
The 2017 Fund is comprised of a diverse set of global investors, including Taft-Hartley pension funds, insurance companies, endowments/foundations and high net worth individuals, and a number of existing as well as new investors from Asia, the Middle East, Europe and North and South America.
The Ropes & Gray team advising Hamilton Lane was led by private investment funds partner Peter Laybourn and included tax & benefits counsel Seth Piken (New York), private investment funds associates Justin Kliger and Zakk Wedemeyer (both of Boston), and tax & benefits associate Denise Sohn (New York).
Hamilton Lane’s announcement on the close of the Fund can be viewed here.