DBS Private Bank & $958 Billion Private Markets Investment Firm Hamilton Lane Launch Customized Private Asset Funds (Private Assets Tailored by Hamilton Lane, PATH) for Clients of DBS Private Bank & DBS Treasures Private Client, PATH Provides Clients with Access to Portfolio of Private Market Funds Including Private Equity, Credit, Infrastructure & Real Estate
23rd July | Hong Kong
DBS Private Bank & United States private markets investment firm Hamilton Lane ($958 billion AUM) have launched customized private asset funds (Private Assets Tailored by Hamilton Lane, PATH) for clients of DBS Private Bank & DBS Treasures Private Client, providing clients with access to portfolio of private market funds including private equity, credit, infrastructure & real estate. Announcement (23/7/25): “Amid growing client demand for alternative investments, DBS Private Bank and Hamilton Lane (Nasdaq: HLNE) have collaborated to offer the bank’s ultra-high net worth clients and family offices a bespoke private assets solution. The latest move widens individual clients’ access to a customised portfolio of top-tier private asset funds that, till now, has been largely available to only institutional investors. Known as Private Assets Tailored by Hamilton Lane (“PATH”), the solution enables qualified* investors to curate a diversified portfolio of private market funds spanning private equity, credit, infrastructure, and real estate. PATH also offers the advantage of a portfolio tailored to each investor’s unique investment goals, risk tolerance and preferences. It brings together DBS’ wealth management leadership in Asia and Hamilton Lane’s three-decade track record and deep domain expertise in private markets, as one of the world’s largest private markets investment firms. Even as private assets gain traction among investors, many investors lack a systematic portfolio approach often due to limited access to top-tier funds and the resources needed for rigorous due diligence. DBS Private Bank clients can enjoy a best-of-both-worlds approach: they gain access to Hamilton Lane’s expertise and fund selection through PATH, without losing sight of their overall portfolio asset allocation. As of 31 March 2025, Hamilton Lane manages and supervises approximately USD 958 billion in assets globally, drawing on 34 years of private markets expertise and access to proprietary data through Cobalt—one of the industry’s largest databases with insights on over 64,070 funds and 164,490 portfolio companies**. This depth of insight underpins the firm’s rigorous due diligence and portfolio construction process. The launch builds on DBS Private Bank’s continued efforts to broaden access to private markets in response to growing client demand. Eligible clients also gain access to exclusive opportunities through the bank’s Private Assets Club, which provides early exposure to high-growth sectors such as artificial intelligence, biotechnology, space technology, and other frontier innovations. DBS has also facilitated exits from some of these investments, delivering significant realised returns for clients.” In 2025 July, Hamilton Lane announced the launch of the new semi-liquid Asia private markets fund (Hamilton Lane Asia Private Assets Fund) for private wealth & institutional investors with 1) Access to top-tier fund managers (General Partners) in Asia, 2) Flexible portfolio construction, and 3) Fund structure is open-ended, lower minimum investments requirement, monthly subscriptions & limited quarterly liquidity. In 2025 February, Hamilton Lane raised $615 million for the new Venture Access Fund investing in top-performing, oversubscribed funds & companies via primary & secondary transactions.
“ DBS Private Bank & $958 Billion Private Markets Investment Firm Hamilton Lane Launch Customized Private Asset Funds (Private Assets Tailored by Hamilton Lane, PATH) for Clients of DBS Private Bank & DBS Treasures Private Client, PATH Provides Clients with Access to Portfolio of Private Market Funds Including Private Equity, Credit, Infrastructure & Real Estate “
Shee Tse Koon, Group Head of Consumer Banking and Wealth Management, DBS Bank: “We’ve seen a nearly five-fold increase in our clients’ assets under management in private assets over the past five years, reflecting the growing appetite for resilient, long-term investment opportunities beyond public markets. With PATH, we are taking this momentum further by offering our clients an investment solution that comes with a level of customisation, transparency and diversification rarely seen in the private wealth space. More importantly, with a lower entry point compared to traditional institutional structures, PATH also makes private markets investing more accessible, allowing more of our clients to participate meaningfully in this asset class … … In fact, we recently closed a mandate with a family office client who saw tremendous value in PATH complementing his alternatives allocation, while remaining aligned with his investment profile and long-term wealth planning objectives.”
James Martin, Head of Global Client Solutions at Hamilton Lane: “Asia’s private wealth investors are amongst the most sophisticated in the world, and this partnership with DBS is a key step in providing bespoke access to this discerning investor base. In an increasingly complex trade environment with uncertainties around tariff and capital market volatility, we believe diversification of asset types and access to high-growth, privately held firms is paramount. This launch is the latest milestone in Hamilton Lane’s journey as a global leader in providing institutional-grade private markets access to a broader set of investors.”
DBS – DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
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 760 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has approximately $958 billion in assets under management and supervision, composed of more than $138 billion in discretionary assets and more than $819 billion in non-discretionary assets, as of March 31, 2025. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies.
United States $958 Billion Private Markets Investment Firm Hamilton Lane Launches Semi-Liquid Asia Private Markets Fund (Hamilton Lane Asia Private Assets Fund) for Private Wealth & Institutional Investors with 1) Access to Top-Tier Fund Managers (General Partners) in Asia, 2) Flexible Portfolio Construction, and 3) Fund Structure is Open-Ended, Lower Minimum Investments Requirement, Monthly Subscriptions & Limited Quarterly Liquidity

2nd July – United States private markets investment firm Hamilton Lane ($958 billion AUM) has announced the launch of the new semi-liquid Asia private markets fund (Hamilton Lane Asia Private Assets Fund) for private wealth & institutional investors with 1) Access to top-tier fund managers (General Partners) in Asia, 2) Flexible portfolio construction, and 3) Fund structure is open-ended, lower minimum investments requirement, monthly subscriptions & limited quarterly liquidity. Announcement (1/7/25): “Leading private markets investment firm Hamilton Lane (Nasdaq: HLNE) today announced the launch of its Asia Private Assets Fund (“HLAPA” or “the Fund”)3, a pioneering semi-liquid vehicle that aims to provide private wealth and institutional investors with diversified access to Asia’s private markets landscape. HLAPA seeks to provide investors with diversified, attractive return exposure to Asia’s private markets, focusing on private equity through direct investments and secondaries. By leveraging Hamilton Lane’s more than 15 years of experience investing across Asia, as well as the firm’s extensive regional network and established, flexible evergreen structure, the Fund aims to capitalize on Asia’s macroeconomic tailwinds and deliver quality risk-adjusted returns. Key features of the Fund include: A flexible portfolio construction, allowing it to adapt to market dynamics and designed to optimize risk-adjusted returns across innovative growth investments and mature buyout deals; Access to investments alongside top-tier fund managers across Asia, including deep relationships with what Hamilton Lane believes are premiere GPs across Australia, Japan, Korea, India, Southeast Asia and China; An open-ended, flexible structure that provides immediate capital deployment without capital calls, along with lower minimum investments compared to traditional drawdown funds, monthly subscriptions and the potential for limited quarterly liquidity subject to the Fund’s terms and conditions … … The Hamilton Lane Asia Private Assets Fund is the latest addition to the firm’s broader $11 billion AUM Evergreen Platform, which first launched in 2019 and today includes nine funds across multiple strategies.” In 2025 February, Hamilton Lane raised $615 million for the new Venture Access Fund investing in top-performing, oversubscribed funds & companies via primary & secondary transactions.
Collwyn Tan, Co-Head of Asia Investments: “Asia drives 60% of global GDP growth, much of it through a vibrant private sector, yet most private market products focus on broad global and U.S. exposure and offer limited access to Asia. HLAPA is a pioneering offering that seeks to provide wealth professionals and investors of all sizes with seamless, diversified access to Asia’s compelling private asset landscape.”
SungJi Steve An, Head of Client Solutions APAC: ”Hamilton Lane has been a global leader when it comes to expanding private market access for investors, and we are excited to announce the launch of HLAPA, a Fund that aims to provide investors with access to Asia’s private market potential—from tech and growth investments to mature buyout deals. HLAPA’s open-ended structure and the potential for liquidity create a compelling opportunity for investors to access high-quality private assets without the constraints of traditional drawdown funds.”
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 760 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has approximately $958 billion in assets under management and supervision, composed of more than $138 billion in discretionary assets and more than $819 billion in non-discretionary assets, as of March 31, 2025. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies.
United States $956 Billion Private Markets Investment Firm Hamilton Lane Raised $615 Million for New Venture Access Fund Investing in Top-Performing, Oversubscribed Funds & Companies via Primary & Secondary Transactions
8th February 2025 – United States private markets investment firm Hamilton Lane ($956 billion AUM) has raised $615 million for the new Venture Access Fund investing in top-performing, oversubscribed funds & companies via primary & secondary transactions. Announcement (6/2/25): “Leading global private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced the final close of its Venture Access Fund (“VAF” or “the Fund”), which successfully exceeded its target fund size, raising $615.3 million in commitments. VAF, which closed 23% over its $500 million target, features a venture portfolio that targets top-performing, oversubscribed funds and companies, while leveraging the extensive platform, access and relationships Hamilton Lane has built over its nearly 30 years of investing in the space. The Fund’s unique composition of primary and secondary transactions is designed to accelerate capital back to investors and mitigate the J-curve, providing Limited Partners with a fee-efficient, best-in-class VC solution. Building on Hamilton Lane’s extensive track record and nearly $117 billion in AUM and AUA* across venture and growth equity, VAF is the firm’s first globally distributed venture vehicle and represents an evolution of its Venture and Growth Equity Platform. The fundraise centered on attractive venture capital market dynamics and LP demand, with participation from a group of global and diversified investors, spanning public and corporate pension funds, financial institutions, Taft-Hartley plans, family offices and foundations and endowments … … The firm has been active in the venture and growth equity space for nearly three decades, with deep experience investing across separately managed accounts, including its annual commingled Hamilton Lane Venture Capital Fund series, which was first established in 2009. Hamilton Lane is focused on concentrating capital into what it believes to be best-in-class, high-growth companies through fund investments with venture and growth managers, direct investments and solution-oriented secondaries. The strategy is designed to produce an asymmetric return profile that limits losses, while capturing the attractive upside that venture and growth equity investments can provide.”
Miguel Luina, Co-Head of Venture and Growth Equity at Hamilton Lane: “We are thrilled to announce the final close of the inaugural Venture Access Fund, which surpassed our target fund size despite the difficult fundraising environment. This achievement is a testament to the confidence our clients and investors have in our ability to access premier venture opportunities and navigate a dynamic market. VAF represents a unique opportunity for investors to gain exposure to what we believe to be best-in-class venture capital managers, breakout companies, well-priced secondaries and high-potential co-investments. Our institutional approach to portfolio construction and strong relationships aimed to deliver a high-quality experience to investors of all types.”
Matt Pellini, Co-Head of Venture and Growth Equity at Hamilton Lane: “For those with scale, expertise and strong relationships, the current VC market presents compelling opportunities, driven by active company formation and rapid value creation from AI and other disruptive technologies, and lower overall capital availability. Specifically, the opportunity set within the secondary market is robust, as the trend of companies staying private longer persists, causing existing shareholders to seek alternative methods of liquidity.”
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 North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $956 billion in assets under management and supervision, composed of nearly $135 billion in discretionary assets and more than $821 billion in non-discretionary assets, as of December 31, 2024. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies.
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