Private Equity
The firm closed on $850 million in new capital in 2025, increasing its assets under management to more than $2.6 billion, and is actively deploying funds.
Hamilton Lane Equity Opportunities Fund VI is the firm’s largest direct equity fund to date.
The fund approved a venture capital commitment to a biotech firm last quarter.
The retirement system also approved placing an international equity manager on watch due to a personnel departure.
The public utility fund approved a venture capital commitment earlier this month.
The plan approved the search at a board meeting yesterday for pacing purposes.
The retirement system will issue an RFP for lower middle market buyout funds.
The state agency is seeking a firm to provide consulting and advisory services for its venture fund targeting small businesses or entrepreneurs across the state.
The firm recently closed its fourth private equity fund and second independent sponsor-focused fund after reaching its hard cap with more than $1.1 billion in commitments.
The plan terminated a domestic mid-cap core equity manager due to organizational and performance issues.
