$5.6B Hamilton Lane Secondary Fund Tokenized by Securitize  

Hamilton Lane and Securitize announced that qualified investors now have exclusive access to Hamilton Lane’s recently closed $5.6 billion Secondary Fund VI through the Securitize platform, indicating significant growth in the tokenization sector. 

The fund held its final close in June 2024, exceeding its original $5 billion target. Securitize is now offering individuals who qualify the opportunity to invest in the Polygon blockchain’s tokenized feeder fund for Secondary Fund VI. A significant advantage is that the minimum investment is $20,000 rather than the standard $5 million, known as the fractionalization benefit. 

“By digitizing the investment process, we are removing barriers and making it easier for more investors to participate in high-quality private market opportunities,” said Carlos Domingo, co-founder and CEO of Securitize. 

Securitize has an existing partnership with Hamilton Lane. In January 2023, it tokenized Equity Opportunities Fund V. In May 2023, the firms unveiled a new Hamilton Lane feeder fund that provides exposure to the private markets firm’s evergreen private credit fund, the Senior Credit Opportunities Fund (SCOPE). Hamilton Lane also participated in Securitize’s $47 million fundraising round, alongside BlackRock and others. 

Hamilton Lane has more than $940 billion in assets under management and supervision, composed of nearly $130 billion in discretionary assets and more than $810 billion in non-discretionary assets. Its secondaries platform has grown to $21 billion.