Definitions
Source: Hamilton Lane Data, Bloomberg (January 2025). Indexed at Q4 2014.
*Diversification does not guarantee a profit or protect against a loss in a declining market
Quotes provided by clients through the Hamilton Lane Private Wealth Survey (January 2024). No was compensation provided.
Private market assets have helped us create more resilient portfolios for our clients by reducing overall correlations to public markets.”
—Private wealth advisor
Diversification: Low correlation with public equities, potentially reducing portfolio volatility.
*Source: Hamilton Lane (February 2024)
Potential for enhanced returns: Over the past decade, private markets have generally outperformed public market benchmarks across most rolling 10-year periods.*
Historically, private markets have outperformed public markets over the long term, while offering access to exclusive, high-growth opportunities.
Globally, only 13% of companies with over $100 million in revenue are publicly traded. This means most investment opportunities are out of reach for investors who limit themselves to public markets.1
Institutional investors have invested in private markets for decades. Now this asset class is more accessible to private wealth investors through evergreen funds.
1Source: Hamilton Lane Capital IQ (February 2024)
Why Invest in Private Markets?
What are Private Markets?
“Private markets” refer to an asset class of private companies and other entities that are not listed on a public exchange. These sectors can include private equity, private credit, venture capital and real assets.
While private market investments are typically less liquid than public market securities, they offer the potential for higher returns and diversification benefits.
Types of Private Market Investments
Strategies
Why invest
How it works
Key Benefitsfor Investors
Investment Type
Why invest
How it works
Key Benefitsfor Investors
Fully funded upfront with no capital calls
Immediate exposure
Monthly subscriptions & redemptions
Liquidity flexibility
Potential for lower volatility compared to public markets
Tend to experience more muted downturns and quicker recoveries
Historically have outperformed their public equivalents
Diversified strategy exposure across private equity, credit, infrastructure, venture capital & growth
Private Market solutions delivered through wealth professionals
Key Benefits for Client Portfolios
Clients expect us to access investment strategies they can't just buy on their own.”
—Private wealth advisor
Quotes provided by clients through the Hamilton Lane Private Wealth Survey (January 2024). No was compensation provided.
Hamilton Lane Platform
$24B
total discretionary secondary AUM
Mature investments with more performance transparency, lower blind pool risk and faster liquidity than primaries.
Secondaries
25 YEARS
of secondaries investing
$6B
total discretionary infrastructure AUM
25 YEARS
of discretionary infrastructure investing
Infrastructure
$14B
total discretionary VC & Growth AUM
29 YEARS
of VC/Growth investing
For investors who want to be part of the tech revolution transforming the global economy.
& GROWTH
Venture Capital
$18B
total private credit AUM
22 YEARS
offering private credit solutions
An alternative to traditional fixed income, increasingly considered essential to a strategic portfolio.
Credit
$89B
total discretionary private equity AUM
26 YEARS
of discretionary private equity investing
Access opportunities not available on the public market, offering the potential for strong returns and diversification.
Equity
Definitions
As of March 31, 2025
Hamilton Lane Private Wealth Scale
5 YEAR
Evergreen Track Record
**As of August 31, 2025. Fund assets under management are inclusive of NAV as of August 31, 2025 plus net subscriptions received for the August 31, 2025 trade date for all evergreen funds managed by Hamilton Lane except for the Hamilton Lane Senior Credit Opportunities Fund (SCOPE). SCOPE total assets are measured at fair market value. Hamilton Lane defines fair market value as being the value of the SCOPE fund's underlying investments.
DEFINITIONS
Infrastructure: Focuses on tangible assets which provide essential services and whose value is derived from their utility.
MSCI World Index: The MSCI World Index tracks large and mid-cap equity performance in developed market countries.
Private Equity: A broad term used to describe any fund that offers equity capital to private companies.
Real Estate: Any closed-end fund that primarily invests in non-core real estate, excluding separate accounts and joint ventures.
S&P 500 Index: The S&P 500 Index tracks 500 largest companies based on market capitalization of companies listed on NYSE or NASDAQ.
Venture: A form of private equity financing in which investment firms provide capital to startups to grow their businesses.
Definitions
Source: Hamilton Lane Data, Bloomberg (January 2025). Indexed at Q4 2014.
1Source: Hamilton Lane Capital IQ (February 2024)
*Diversification does not guarantee a profit or protect against a loss in a declining market
Quotes provided by clients through the Hamilton Lane Private Wealth Survey (January 2024). No was compensation provided.
Private market assets have helped us create more resilient portfolios for our clients by reducing overall correlations to public markets.”
—Private wealth advisor
Diversification: Low correlation with public equities, potentially reducing portfolio volatility.
*Source: Hamilton Lane (February 2024)
Potential for enhanced returns: Over the past decade, private markets have generally outperformed public market benchmarks across most rolling 10-year periods.*
Historically, private markets have outperformed public markets over the long term, while offering access to exclusive, high-growth opportunities.
Why Invest in Private Markets?
Globally, only 13% of companies with over $100 million in revenue are publicly traded. This means most investment opportunities are out of reach for investors who limit themselves to public markets.1
Institutional investors have invested in private markets for decades. Now this asset class is more accessible to private wealth investors through evergreen funds.
“Private markets” refer to an asset class of private companies and other entities that are not listed on a public exchange. These sectors can include private equity, private credit, venture capital and real assets.
While private market investments are typically less liquid than public market securities, they offer the potential for higher returns and diversification benefits.
What are Private Markets?
Strategies
Investment Type
Why invest
How it works
Why invest
How it works
Why invest
How it works
Why invest
How it works
Why invest
How it works
Why invest
How it works
Types of Private Market Investments
Tend to experience more muted downturns and quicker recoveries
Historically have outperformed their public equivalents
Diversified strategy exposure across private equity, credit, infrastructure, venture capital & growth
Quotes provided by clients through the Hamilton Lane Private Wealth Survey (January 2024). No was compensation provided.
Fully funded upfront with no capital calls
Immediate exposure
Monthly subscriptions & redemptions
Liquidity flexibility
Potential for lower volatility compared to public markets
Key Benefits for Client Portfolios
Private Market solutions delivered through wealth professionals
Clients expect us to access investment strategies they can't just buy on their own.”
—Private wealth advisor
**As of August 31, 2025. Fund assets under management are inclusive of NAV as of August 31, 2025 plus net subscriptions received for the August 31, 2025 trade date for all evergreen funds managed by Hamilton Lane except for the Hamilton Lane Senior Credit Opportunities Fund (SCOPE). SCOPE total assets are measured at fair market value. Hamilton Lane defines fair market value as being the value of the SCOPE fund's underlying investments.
Definitions
As of March 31, 2025
$24B
total discretionary secondary AUM
Mature investments with more performance transparency, lower blind pool risk and faster liquidity than primaries.
Secondaries
25 YEARS
of secondaries investing
$6B
total discretionary infrastructure AUM
25 YEARS
of discretionary infrastructure investing
Infrastructure
$14B
total discretionary VC & Growth AUM
29 YEARS
of VC/Growth investing
For investors who want to be part of the tech revolution transforming the global economy.
& GROWTH
Venture Capital
$18B
total private credit AUM
22 YEARS
offering private credit solutions
An alternative to traditional fixed income, increasingly considered essential to a strategic portfolio.
Credit
$89B
total discretionary private equity AUM
26 YEARS
of discretionary private equity investing
Access opportunities not available on the public market, offering the potential for strong returns and diversification.
Equity
Hamilton Lane Platform
Hamilton Lane Private Wealth Scale
5 YEAR
Evergreen Track Record
DEFINITIONS
Infrastructure: Focuses on tangible assets which provide essential services and whose value is derived from their utility.
MSCI World Index: The MSCI World Index tracks large and mid-cap equity performance in developed market countries.
Private Equity: A broad term used to describe any fund that offers equity capital to private companies.
Real Estate: Any closed-end fund that primarily invests in non-core real estate, excluding separate accounts and joint ventures.
S&P 500 Index: The S&P 500 Index tracks 500 largest companies based on market capitalization of companies listed on NYSE or NASDAQ.
Venture: A form of private equity financing in which investment firms provide capital to startups to grow their businesses.