Ropes & Gray Advises Hamilton Lane on Strategic Opportunities Fund IV

In The News
June 5, 2018

Ropes & Gray advised Hamilton Lane on Hamilton Lane Strategic Opportunities Fund IV. The Fund announced its final close with approximately $900 million in commitments on June 5, substantially above the initial target.

The Fund is focused on making credit-oriented investments with consistent cash yield, shorter duration and attractive risk-adjusted returns. Fund IV is comprised of a diverse set of institutions, including pension funds, insurance companies, endowments/foundations and high net worth individuals, including a number of existing as well as new investors from Asia, the Middle East, Europe and North and South America.

Fund IV represents the fourth dedicated vehicle of its kind, and is an extension of Hamilton Lane’s broader credit platform.

The Ropes & Gray team advising Hamilton Lane was led by private investment funds partner Peter Laybourn and included tax & benefits partner Jay Milkes, tax & benefits counsel Seth Piken, private investment funds associate Justin Kliger, tax & benefits associate Denise Sohn and corporate associate Timothy Morgan.

Ropes & Gray also advised on Hamilton Lane Strategic Opportunities Fund 2017, also led by private investment funds partner Peter Laybourn.

Law360, Creditflux, Private Equity Wire and HedgeWeek reported on the close naming Ropes & Gray as counsel, also noting that Mr. Laybourn advised on Hamilton Lane Strategic Opportunities Fund 2017.