Alternative investment manager Hamilton Lane has filed an initial registration statement with the US Securities and Exchange Commission for a new private credit interval fund.
The new Hamilton Lane Credit Income Fund will mark the firm’s first interval fund and will have a focus on private credit.
Read more: Hamilton Lane highlights opportunity for private credit amid tariff uncertainty
According to the registration statement, the fund will seek exposure to credit investments by investing in the debt of companies in either the primary or secondary market, and will focus on senior secured loans structured as revolving, first lien, unitranche, or second lien term loans.
As part of its direct loans, it may invest in warrants or other securities of borrowers, and it said it may receive non-cash income.
Read more: Beach Point Capital raises over $1.25bn for opportunistic private credit funds
The fund will charge a management fee of one per cent of net assets, the registration statement said.
It comes after Hamilton Lane recently said it believed US trade tariff uncertainty was creating opportunities for private credit, particularly direct lending, which may be considered a “safe” strategy by investors.
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