Hamilton Lane Inc. closed its fourth Strategic Opportunities Fund.
The fund received approximately $900 million in commitments, well above the initial target, according to the company's release. It focused on making credit-oriented investments with consistent cash yield. Investors include Taft-Hartley pension funds, insurance companies, endowments or foundations, and high net worth individuals.
The previous fund, which closed in June 2017, received approximately $435 million in commitments.
