According to a July 1 release by Hamilton Lane, the fund aims to provide private wealth investors with diversified access to Asia’s private markets. About 40% of the fund will be parked in developed markets such as Japan, South Korea, Singapore and Australia, while another 40% will be invested in emerging Asian countries. The remainder will be in global markets.
UOB Private Bank has launched Hamilton Lane’s Asia Private Assets fund on its platform on Sept 11.
The fund, which is the first semi-liquid evergreen Asia-focused private equity fund in Asean, will only be available via the bank for a few months.
