Hamilton Lane Asia Private Assets Fund (“HLAPA”)

Hamilton Lane Asia Private Assets Fund (“HLAPA”) is an open-end private markets vehicle managed by Hamilton Lane, launched in 2025 and domiciled in Luxembourg, where it is structured as a SICAV operating under the RAIF regime. It is classified as a Non-ELTIF product, placing it outside the ELTIF framework (N/A) and restricting distribution to professional investors across Europe rather than to retail channels. The strategy is private equity, with a buyout focus, and the portfolio is denominated in USD; its exposure is concentrated as set out in , which distinguishes it from the broader set of 163 funds tracked in the same asset class.

Access and liquidity mechanics follow the evergreen model rather than a drawdown structure. Subscriptions start from a minimum commitment of 100,000 USD, with capital invested on entry and a soft lock-up applying before investors can exit. Redemptions are offered on a quarterly basis, subject to the fund's gating and deferral provisions, so liquidity is periodic and capped rather than continuous. Fees are charged as a management fee of plus a performance fee of , both of which sit within the ranges observed across the 117 private equity vehicles domiciled in Luxembourg.

For sustainability purposes the fund is classified as Article 6, meaning it does not promote environmental or social characteristics and makes no sustainable investment objective claim. Reported assets under management stand at , measurable against the 347 Luxembourg-domiciled vehicles and the 494 funds covered in the database as a whole. All figures shown are as of 31 Aug 2026.