Fund databaseMulti-Asset

Hamilton Lane Global Private Assets Fund

Hamilton Lane · LU2086496044

Part II SICAV Multi-Asset Luxembourg Article 8 15 share classes ↓ Secondaries Buyout Growth Equity

NAV · 30 Jun 2026205.56 USD
Fund currencyUSD
Income treatmentaccumulating
Performance since Dec 2022 p.a.+7.9%Class I-EUR
Ongoing costs
Min. investmentUSD 25,000
Redemptionmonthly
Risk (SRI)

01Performance

Unit price (NAV) in EUR · share class I-EUR · 41 data points · not the share class named in the header

193.27 EURNAV as at 30 Jun 2026
150.4163.9177.5191Dec 2022Oct 2023Sep 2024Jul 2025Jun 2026
Source: Price feed from the management company all values documented from primary sources
YTD+6.3%
1 year+9.5%
3 years p.a.+7.3%
since Dec 2022 p.a.+7.9%

Calendar-year returns

Calendar years, calculated from the NAV series

+6.7%2023+9.8%2024+4.8%2025+6.3%2026 YTD

Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.

Provider figures

These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.

Performance 12M4.64%
Since launch p.a.10.81%

Target return per the provider: Not documented (no official target return)

Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2019
Fund sizeUSD 6.73bnas at 15 Jul 2026 (hamiltonlane.com)
CurrencyUSD
Income treatmentaccumulating
SFDRArticle 8
Recommended holding10 yrs
Liquidity buffer
Leverage limit

Risk indicator not documented from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.

Portfolio breakdown

Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.

Sector breakdown

Actual portfolio% of NAVas at 30 Jun 2026

Technology & software33.0%
Industrials & manufacturing26.0%
Healthcare & life sciences16.0%
Consumer & retail14.0%
Financial services9.0%
Real estate1.0%
Utilities & environment1.0%
Show individual values
Technology & software31.0%
Industrials & manufacturing23.0%
Healthcare & life sciences16.0%
Consumer discretionary11.0%
Financial services9.0%
Consumer staples3.0%
Chemicals & materials3.0%
Communication services2.0%
Real estate1.0%
Utilities & environment1.0%
Source: Hamilton Lane 'Global Private Assets Fund' Monthly Report Juni 2026, S. 2, Grafik 'Industry'

Geographic breakdown

Actual portfolio% of NAVas at 30 Jun 2026

North America69.0%
Europe24.0%
Asia-Pacific3.0%
Other / unallocated4.0%
Source: Hamilton Lane 'Global Private Assets Fund' Monthly Report Juni 2026, S. 2, Grafik 'Geography'

Strategy

Secondaries Buyout Growth Equity Venture Capital

Investment type: co-/direct investments 50 %, diversified secondaries 28 %, single-asset secondaries 17 %, complex secondaries 5 % – no primary fund allocation. Strategy: buyout 73 %, VC/growth 21 %, credit 6 %. 210+ investments, 180+ general partners

Portfolio composition

Buyout73.0%
VC/growth21.0%
Credit6.0%
Provider wording in full
Buyout 73 %, VC/growth 21 %, credit 6 %

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management fee1.50%
Total ongoing costsnot documented
Entry charge max.0.00%
Redemption feenot documented
Performance fee12.50%
Hurdle rate8.00%
High-water markno

How the performance fee works

FULLY DOCUMENTED – alongside Partners Group Global Value the second genuine deal-by-deal structure on the list: (1) CALCULATION LEVEL: 'Carried Interest 12.5% AT THE DEAL LEVEL' – i.e. NOT whole-fund and not per sleeve, but per individual investment. There is expressly NO cross-netting between deals, i.e. losses on individual investments do not reduce the carry on winning deals. (2) HURDLE / PREFERRED RETURN: tiered by asset class – 6 % on co-investments and direct credit investments, 8 % on all other investments. (3) CATCH-UP: 100 % GP catch-up ('with preferred return, 100% GP catch-up') – the preferred return is therefore a SOFT HURDLE: once 6 % or 8 % is reached, the GP receives 100 % of further proceeds until it has taken 12.5 % of the total gain, after which the 12.5/87.5 split applies. (4) HIGH-WATER MARK: NO classic NAV high-water mark; loss absorption occurs implicitly via the return of acquisition cost per deal. A reset is conceptually not applicable. (5) CRYSTALLISATION: on realisation of the respective deal – measurement is therefore on REALISED gains, not on unrealised NAV increases. That is the decisive difference from the NAV/total-return-based models of JPMorgan (12.5 % / 7 % / 100 % catch-up / HWM at share-class level), BlackRock (15 % / 7 % / HWM) and DWS (15 % / hurdle + HWM at share-class level)

Costs per the key information document

A PRIIPs KID with a cost breakdown (administrative/operating costs, transaction costs, performance fee cost impact) and a stated annual total cost impact (reduction in yield) is not documented = OCF/TER and RIY not documented. In the EEA, GPA is expressly distributed only to PROFESSIONAL investors within the meaning of the AIFMD (Hamilton Lane (Germany) GmbH, BaFin-regulated; 'Its contents are not directed at, may not be suitable for and should not be relied upon by retail clients') – a retail KID is therefore not required. Known individual components: management fee 1.50 %/1.95 %/2.35 % depending on class; carried interest 12.5 % at deal level. Net performance of class I-EUR (LU2097348770): +73.57 % since launch, i.e. 12.08 % p.a. annualised; class R-EUR: +62.18 %, i.e. 12.57 % p.a. Fund size USD 5.0bn, more than 190 investments, more than 160 general partners, launch May 2019, structure Luxembourg Part II SICAV, investor qualification 'Qualified Client'

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionmonthly
Minimum investmentUSD 25,000 – USD 2m by class
Entry chargeup to 0.00%
Rec. holding period10 years

Subscription per the document

monthly

05Redemption & liquidity

Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.

Units can be redeemed monthly; notice must be given 7 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 12 months after subscription no redemption is possible.

1 · Lock-up12 months from subscription
2 · Notice period7 days before the date
3 · Redemption datemonthly
4 · Gatemax. 5 % per date
5 · Payoutnot documented

The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.

Redemption per the document

monthly

Gate per the document

Net redemptions (redemptions less subscriptions) capped at 5 % of NAV per quarter

Notice period

not documented

Lock-up

Soft lock 12 months (additional fee)

06Share classes

15 classes known. All cost and risk figures on this page apply to LU2086496044. Minimum investment by class USD 25,000 – USD 2m.

ISINStatusMin. investmentOngoing costsSRI
LU2086496044basis of this pagenot documentednot documentednot documented
LU2097348770documentedUSD 25,0001.50%not documented
LU1935315397documentednot documentednot documentednot documented
+ 12 more share classes
ISINStatusMin. investmentOngoing costsSRI
LU2008198702documentednot documentednot documentednot documented
LU2008199189documentednot documentednot documentednot documented
LU2035225098documentednot documentednot documentednot documented
LU2086541872documentednot documentednot documentednot documented
LU2086611246documentednot documentednot documentednot documented
LU2329142975documentednot documentednot documentednot documented
LU2329143270documentednot documentednot documentednot documented
LU2741305127documentednot documentednot documentednot documented
LU2783573764documentednot documentednot documentednot documented
LU2783573848documentednot documentednot documentednot documented
LU2911220783documentednot documentednot documentednot documented
LU2783573509documentednot documentednot documentednot documented
Note on the classes
The main class is R-USD (LU2086496044); alongside it the fund runs EUR and hedged classes. Costs, minimum investment and risk indicator differ by class.

07Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

Launch date

1 May 2019 (inception of classes I-USD and F-USD May 2019; I-EUR February 2020)

Eligible investors

Qualified Client; in the EEA exclusively professional investors within the meaning of the AIFMD (2011/61/EU) – not for retail investors; UK: Professional Clients / Eligible Counterparties

Distribution authorisation

EEA to professional investors (including Germany via Hamilton Lane (Germany) GmbH), United Kingdom, Switzerland (distribution via Sygnum Bank among others), Singapore, Australia, DIFC/Dubai, ADGM/Abu Dhabi; full country list n/a

Fee layers / double charging

TWO-TIER, BUT WITH A MARKEDLY REDUCED SECOND TIER. Portfolio composition by implementation route (factsheet November 2024): CO-DIRECT INVESTMENTS 52 %, DIVERSIFIED SECONDARY 26 %, SINGLE-ASSET SECONDARY 16 %, COMPLEX SECONDARY 6 % – i.e. around 52 % co-/direct investments and around 48 % secondary market positions; PRIMARY COMMITMENTS play practically no role. Consequence: (1) on the 52 % co-direct investments typically NO target-fund fees arise (co-investments are regularly offered by the GPs fee-free/carry-free) – here only the GPA level applies, consisting of a 1.50–2.35 % management fee plus 12.5 % deal carry. (2) On the around 48 % secondary market positions the management fees and the carried interest of the acquired target-fund managers continue to run at a second level; the top-ten list illustrates this (including Paddington Partners 3 L.P. / Hellman & Friedman 1.8 %, The Resolute III Continuation Fund L.P. and The Resolute Fund IV LP / The Jordan Company 1.6 % and 1.5 %, Gasherbrum Fund I L.P. / K1 Investment Management 1.5 %, Warburg Pincus Global Growth L.P. 1.3 %). The target-fund fees are NOT quantified in the factsheet; a fee rebate/waiver arrangement is not documented. These are THIRD-PARTY target funds (more than 160 general partners), not in-house vehicles – an intra-group waiver is therefore neither in place nor to be expected. No master-feeder construction. Additional indirect fee layer where leverage is used (see management_fee)

All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.