Hamilton Lane Prepares First Yuan-Denominated Fund
Hamilton Lane is preparing its first yuan-denominated fund to target discounted Chinese assets, Bloomberg's Lulu Yilun Chen and Echo Wong report, citing people familiar with the matter. The U.S. investment manager is seeking to raise roughly RMB1B-RMB1.5B, or about $150M-$220M, for the fund before the end of 2026, the authors say.