PhiladelphiaBusiness Bala Cynwyd PE firm raises $900M fund - - TopicsExpress

PhiladelphiaBusiness Bala Cynwyd PE firm raises $900M fund - Hamilton Lane has raised $900 million for its third secondary private-equity fund, Hamilton Lane Secondary Fund III LP. The amount was the fund’s hard cap, or the maximum size that Hamilton Lane had said it would make the fund. The fund was oversubscribed, meaning there was enough investor interest that Hamilton Lane could have made it larger, but the Bala Cynwyd, Pa., firm decided not to raise the hard cap. ... ow.ly/2zH1KA

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