Hamilton Lane raises $290m for two small business credit funds

Hamilton Lane successfully secures $290 million from institutional investors across the United States for two small business credit funds. The funds, Hamilton Lane National Small Business Credit Fund and the Hamilton Lane New York SBIC Fund II, continue the firm's strategic commitment to fostering the growth of small businesses.

Following the success of the New York SBIC Fund I launched in 2015, these new funds, initiated in 2022, maintain a consistent approach, targeting lower middle market businesses with EBITDA ranging from $3 million to $25 million. As part of Hamilton Lane's well-established credit platform, these funds contribute to the firm's impressive 22-year history of direct credit investments and leverage a robust network of sponsor relationships.