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Hamilton Lane Private Assets Fund
Key Statistics
Fund Size
$4,670M
Annualized Return
15.2%
Launch Year
2021
Min. Investment
€1,000,000
Structure
Delaware Statutory Trust
Product Category
Open-end
Domicile
United States
GP Type
Single
Liquidity Level
Semi-liquid
Management Fee
1.5%
Carry
10%
High Water Mark
Yes
Catch-Up Mechanism
standard 100 % GP catch‑up after hurdle, where applicable
Ticker
XHLIX
CUSIP
not publicly traded
Currencies
USD
Investor Eligibility
Accredited Investors / Qualified Purchasers
Liquidity Options
Quarterly repurchase up to 5 % of NAV
Highlights
US Fund Metrics
NAV per Share
$18.51
Discount/Premium
0.00%
At premium
Expense Ratio
3.31%
Distribution Frequency
Quarterly
Redemption Notice
60 days
Tax Form
1099
Liquidity Terms
Quarterly repurchase offers for up to 5% of NAV with 60 days’ notice, subject to board approval.
Allocations
Investment Strategy
Industry Focus
Performance Summary
| Share Class | Ticker | NAV | MTD | YTD | 1 Year | 3 Year | Since Inception |
|---|---|---|---|---|---|---|---|
| Class I | XHLIX | $18.5116 | -0.67% | 10.41% | 14.09% | 13.85% | 15.98% |
| Class R | XHLRX | $17.8825 | -0.73% | 9.92% | 13.32% | 13.06% | 15.21% |
| Class D | XHLDX | $18.2986 | -0.69% | 10.24% | 13.82% | 13.57% | 14.45% |
Information about fund
Hamilton Lane’s $4.7 Billion Evergreen
Hamilton Lane Private Assets Fund (PAF) is Hamilton Lane’s largest evergreen private markets fund, launched in 2021 as a Delaware statutory trust for US accredited investors and grown to $4.67 billion of assets across direct co-investments, secondaries and primaries — 29% in technology, 20% in industrials and 17% in healthcare. It has returned 15.2% a year since inception. Class I shares (ticker XHLIX) carry a 1.5% management fee and a 10% incentive fee with a total expense ratio of about 3.3%; repurchases are quarterly for up to 5% of NAV with 60 days’ notice.
Key Figures
Net Assets
$4.67B
Launched 2021
Since Inception
15.2% p.a.
Net of fees
Sectors
Tech 29%
Industrials 20%, healthcare 17%
Fees (Class I)
1.5% + 10%
Expense ratio ~3.3%
Liquidity
Quarterly
5% of NAV; 60 days’ notice
Ticker
XHLIX
Delaware statutory trust
Deepdive & Related Funds
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