Hamilton Lane Pioneers Access to Private Markets with the First U.S. Infrastructure Evergreen Fund Available to Retail Investors on Republic with a Minimum Initial Investment of $500
Hamilton Lane (HLNE) has launched the first U.S. private infrastructure fund available to retail investors through Republic's platform. The Hamilton Lane Private Infrastructure Fund (HLPIF) allows non-accredited investors to access infrastructure investments with a minimum of $500, marking a significant democratization of private markets.
The fund focuses on capital-intensive fixed assets with high barriers to entry and pre-contracted cash flows spanning 10-15 years. Investment targets include hyperscale data centers, international airports, and natural gas pipelines. The infrastructure sector has grown from $500 million in 1999 to $1.2 trillion in assets under management today.
HLPIF is structured as a continuously offered closed-end management investment company under the '40 Act. The fund plans to conduct quarterly repurchase offers of up to 5% of net assets and intends to offer additional liquidity through tokenization following regulatory review.
Hamilton Lane (HLNE) ha lanciato il primo fondo di infrastrutture private negli Stati Uniti disponibile per gli investitori al dettaglio attraverso la piattaforma di Republic. Il Hamilton Lane Private Infrastructure Fund (HLPIF) consente agli investitori non accreditati di accedere a investimenti infrastrutturali con un minimo di $500, segnando una significativa democratizzazione dei mercati privati.
Il fondo si concentra su beni fissi ad alta intensità di capitale con elevate barriere all'ingresso e flussi di cassa precontrattati che si estendono per 10-15 anni. Gli obiettivi di investimento includono centri dati iperscalabili, aeroporti internazionali e gasdotti. Il settore delle infrastrutture è cresciuto da $500 milioni nel 1999 a $1,2 trilioni di attivi in gestione oggi.
HLPIF è strutturato come una società di investimento a gestione chiusa offerta continuamente ai sensi del '40 Act. Il fondo prevede di effettuare offerte di riacquisto trimestrali fino al 5% delle attività nette e intende offrire ulteriore liquidità attraverso la tokenizzazione dopo la revisione normativa.
Hamilton Lane (HLNE) ha lanzado el primer fondo de infraestructura privada en EE. UU. disponible para inversores minoristas a través de la plataforma de Republic. El Hamilton Lane Private Infrastructure Fund (HLPIF) permite a los inversores no acreditados acceder a inversiones en infraestructura con un mínimo de $500, marcando una significativa democratización de los mercados privados.
El fondo se centra en activos fijos intensivos en capital con altas barreras de entrada y flujos de efectivo precontratados que abarcan de 10 a 15 años. Los objetivos de inversión incluyen centros de datos hiperescalables, aeropuertos internacionales y gasoductos. El sector de infraestructura ha crecido de $500 millones en 1999 a $1.2 billones en activos bajo gestión hoy en día.
HLPIF está estructurado como una compañía de inversión de gestión cerrada ofrecida continuamente bajo la '40 Act. El fondo planea realizar ofertas de recompra trimestrales de hasta el 5% de los activos netos y tiene la intención de ofrecer liquidez adicional a través de la tokenización tras la revisión regulatoria.
해밀턴 레인 (HLNE)은 리퍼블릭 플랫폼을 통해 소매 투자자에게 제공되는 미국 최초의 민간 인프라 펀드를 출시했습니다. 해밀턴 레인 민간 인프라 펀드 (HLPIF)는 비공인 투자자가 최소 $500로 인프라 투자에 접근할 수 있도록 하여 민간 시장의 민주화를 의미합니다.
이 펀드는 높은 진입 장벽을 가진 자본 집약적인 고정 자산과 10-15년 동안의 사전 계약된 현금 흐름에 초점을 맞추고 있습니다. 투자 목표에는 초대형 데이터 센터, 국제 공항 및 가스관이 포함됩니다. 인프라 부문은 1999년 5억 달러에서 현재 1.2조 달러의 자산으로 성장했습니다.
HLPIF는 '40법'에 따라 지속적으로 제공되는 폐쇄형 관리 투자 회사로 구조화되었습니다. 이 펀드는 순자산의 최대 5%에 대한 분기별 재매입 제안을 실시할 계획이며, 규제 검토 후 토큰화를 통해 추가 유동성을 제공할 예정입니다.
Hamilton Lane (HLNE) a lancé le premier fonds d'infrastructure privée aux États-Unis disponible pour les investisseurs de détail via la plateforme de Republic. Le Hamilton Lane Private Infrastructure Fund (HLPIF) permet aux investisseurs non accrédités d'accéder à des investissements d'infrastructure avec un minimum de 500 $, marquant une démocratisation significative des marchés privés.
Le fonds se concentre sur des actifs fixes à forte intensité de capital avec de fortes barrières à l'entrée et des flux de trésorerie précontractés s'étalant sur 10 à 15 ans. Les cibles d'investissement comprennent des centres de données hyperscale, des aéroports internationaux et des pipelines de gaz naturel. Le secteur des infrastructures est passé de 500 millions de dollars en 1999 à 1,2 trillion de dollars d'actifs sous gestion aujourd'hui.
HLPIF est structuré en tant que société d'investissement à gestion fermée offerte en continu en vertu de la loi de '40. Le fonds prévoit de réaliser des offres de rachat trimestrielles allant jusqu'à 5% des actifs nets et entend offrir une liquidité supplémentaire par le biais de la tokenisation après un examen réglementaire.
Hamilton Lane (HLNE) hat den ersten privaten Infrastrukturfonds in den USA ins Leben gerufen, der über die Plattform von Republic für Privatanleger verfügbar ist. Der Hamilton Lane Private Infrastructure Fund (HLPIF) ermöglicht es nicht akkreditierten Investoren, mit einem Minimum von 500 $ auf Infrastrukturinvestitionen zuzugreifen, was eine bedeutende Demokratisierung der privaten Märkte darstellt.
Der Fonds konzentriert sich auf kapitalintensive feste Vermögenswerte mit hohen Eintrittsbarrieren und vorvertraglichen Cashflows, die sich über 10-15 Jahre erstrecken. Zu den Anlagezielen gehören hyperskalierbare Rechenzentren, internationale Flughäfen und Erdgaspipelines. Der Infrastruktursektor ist von 500 Millionen Dollar im Jahr 1999 auf heute 1,2 Billionen Dollar an verwaltetem Vermögen gewachsen.
HLPIF ist als kontinuierlich angebotene geschlossene Investmentgesellschaft gemäß dem '40 Act strukturiert. Der Fonds plant, vierteljährliche Rückkaufangebote von bis zu 5% des Nettovermögens durchzuführen und beabsichtigt, nach regulatorischer Überprüfung zusätzliche Liquidität durch Tokenisierung anzubieten.
- First-mover advantage in retail infrastructure investment market
- Highly selective investment approach (1.2% participation rate)
- Quarterly liquidity mechanism through 5% repurchase offers
- Access to institutional-quality assets with $500 minimum investment
- liquidity compared to public market investments
- Tokenization features pending regulatory review
Insights
Hamilton Lane's launch of the Private Infrastructure Fund (HLPIF) on Republic's platform represents a strategic inflection point for the firm and the broader alternative investments landscape. As the first private infrastructure fund available to non-accredited U.S. investors with a
The infrastructure sector has experienced remarkable growth, expanding from
Particularly noteworthy is the quarterly liquidity mechanism offering repurchases of up to
The strategic focus on infrastructure is especially compelling given its connection to major economic megatrends including AI expansion, increasing power demand, and supply chain evolution. By focusing on infrastructure rather than more volatile private equity strategies, Hamilton Lane offers retail investors an appropriate entry point characterized by historically consistent performance and cash flows.
This initiative positions Hamilton Lane at the forefront of private markets democratization, potentially creating substantial first-mover advantage in capturing retail market share. While economic details aren't disclosed, this represents meaningful revenue diversification and potential AUM growth beyond Hamilton Lane's traditional institutional channels.
The planned tokenization of Hamilton Lane's infrastructure fund represents a significant advancement in blockchain's application to traditional financial assets. By tokenizing a regulated, '40 Act fund, Hamilton Lane and Republic are creating a unique hybrid that combines the investor protections of registered securities with the potential liquidity enhancements of digital assets.
Republic's "industry-leading blockchain-based architecture" suggests the implementation of a permissioned blockchain framework specifically designed for security tokens representing regulated investments. This approach differs fundamentally from cryptocurrency applications, focusing instead on blockchain's capacity to fractionate ownership, streamline transfer processes, and potentially create secondary liquidity mechanisms.
The technological infrastructure required for this initiative extends beyond simple tokenization. It necessitates sophisticated custody solutions, compliance verification systems, KYC/AML protocols, and secure investor onboarding processes—all while maintaining regulatory compliance with securities laws governing registered funds.
While the initial
Hamilton Lane's approach represents a practical middle ground in digital asset innovation—not creating an entirely new asset class, but rather applying blockchain technology to improve distribution, access, and potentially liquidity in existing alternative investments. This model, if successful, could serve as a template for broader adoption of tokenization across various private market strategies, significantly expanding retail participation in alternatives.
- Hamilton Lane Private Infrastructure Fund ("HLPIF") allows retail investors access to infrastructure assets previously accessible only to Hamilton Lane's institutional clients
- Intention to offer investors access to HLPIF in a first-of-its-kind tokenized format through Republic's digital platform
Private markets, public access
By making HLPIF available on Republic's platform, Hamilton Lane continues to take a leading role in broadening access and enabling a wider set of investors to participate in the private markets. It follows the firms' recently announced partnership, which was created to bring institutional-quality private market investments to retail investors in the
Victor Jung, Head of Digital Assets at Hamilton Lane, commented: "We view today's launch of HLPIF on Republic's market-leading digital platform as a major step forward in Hamilton Lane's commitment to delivering access to investors of all types, including retail investors in the
Advantages of infrastructure
Infrastructure is one of the fastest-growing asset classes within private markets, expanding from
Brent Burnett, Head of Infrastructure and Real Assets at Hamilton Lane, said: "The megatrends we see driving innovation in today's global economy – the continued expansion of AI, the increasing demand for power generation, and the evolution of supply chains – are all underpinned by infrastructure. We are excited to be expanding access to this sector's historically consistent performance, consistent cash flows and manageable downside risk opportunities, which together make for an excellent entry point into the private markets."
"These types of assets have long been limited to institutions and high-net-worth investors," remarked Andrew Durgee, Co-CEO of Republic. "We believe that the tokenization of real-world assets, including through our industry leading blockchain-based architecture, is the key to bringing institutional-grade private market investments like private infrastructure to everyone, including non-accredited investors. Today's partnership between Hamilton Lane and Republic puts us at the forefront of expanding access to the private markets."
Available now: Hamilton Lane Private Infrastructure Fund
HLPIF is a continuously offered closed-end management investment company registered under the Investment Company Act of 1940 ("40 Act") and publicly offers its shares under the Securities Act of 1933. It is designed to provide investors with exposure to a diversified global portfolio of infrastructure assets through an investment in a single fund. Hamilton Lane currently anticipates recommending to HLPIF's board that it conduct repurchase offers of up to
*offering made via an agreement with an affiliate of Republic, OpenDeal Broker LLC d/b/a the Capital R ("ODB").
**between 1/1/2020-12/31/2024.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 740 professionals operating in offices throughout
Forward-Looking Statements
Some of the statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: our ability to manage growth, fund performance, competition in our industry, changes in our regulatory environment and tax status; market conditions generally; our ability to access suitable investment opportunities for our clients; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; defaults by clients and third-party investors on their obligations to fund commitments; our exposure and that of our clients and investors to the credit risks of financial institutions at which we and they hold accounts; our ability to comply with investment guidelines set by our clients; our ability to successfully integrate acquired businesses with ours; our ability to manage risks associated with introducing new types of investment structures, products or services or entering into strategic partnerships; our ability to manage redemption or repurchase rights in certain of our funds; our ability to manage, identify and anticipate risks we face; our ability to manage the effects of events outside of our control; and our ability to receive distributions from Hamilton Lane Advisors, L.L.C. to fund our payment of dividends, taxes and other expenses.
The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks we face, you should refer to the "Risk Factors" detailed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2024 and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.
About Republic
Headquartered in
IMPORTANT RISK INFORMATION
Investors should carefully consider the investment objectives, risks, charges and expenses of HLPIF before investing. For a prospectus that contains this and other information about HLPIF, call 1 (888) 882-8212 or visit our website at https://hla.pe/pifprospectus. Please read the prospectus carefully before investing. Past performance is not indicative of future results. Investing in HLPIF involves risk including loss of principal.
• HLPIF operates as a non-diversified, closed-end management investment company that is registered under the Investment Company Act of 1940, as amended. • Shares are speculative and illiquid securities involving substantial risk of loss. Shares are appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment and for whom an investment in the Fund does not constitute a complete investment program. • Though HLPIF currently anticipates making quarterly repurchase offers, you may not have access to the money you invest for an extended period of time. • HLPIF is not a liquid investment. • You may not be able to sell your shares at the time or in the quantity of your choosing regardless of how HLPIF performs. • Investors should understand that HLPIF's shares are not currently listed on or available for trading through a securities exchange, and a market for trading on an exchange may never be available to investors. There is currently no secondary market, and no such market is expected to develop. • Because you may not be able to sell your shares at the time or in the quantity of your choosing, you may not be able to reduce your exposure to HLPIF in a market downturn. • Shares are appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment and for whom an investment in HLPIF does not constitute a complete investment program. • The amount of distributions that HLPIF may pay, if any, is uncertain. Past performance is not an indicator of future results.
Hamilton Lane Advisors LLC is the Advisor to HLPIF. HLPIF is distributed by Distribution Services, LLC for U.S. Investors. Distribution Services, LLC and Hamilton Lane are unaffiliated.
View original content:SOURCE Hamilton Lane
FAQ
What is the minimum investment required for Hamilton Lane's HLPIF infrastructure fund?
How does HLPIF (HLNE) provide liquidity to investors?
What types of infrastructure assets does Hamilton Lane's HLPIF invest in?
How selective is Hamilton Lane (HLNE) in choosing infrastructure investments?
