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Why Private Markets Have A Role In Portfolios

Reported by Seeking Alpha ·Nb
Oct 10, 2026· 2 min read
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Key Takeaways
  • • Hamilton Lane promotes private markets as a portfolio diversifier, citing reduced correlation to public markets and the potential for lower volatility relative to public equities.
  • • The firm states that only 13% of companies with over $100 million in revenue are publicly traded globally, per its Capital IQ-sourced data (February 2024).
  • • Hamilton Lane reports discretionary AUM of $89B in private equity, $18B in private credit, $14B in VC and Growth, $6B in infrastructure and $24B in secondaries, as of March 31, 2025.
  • • Evergreen fund structures are presented as the vehicle that makes private markets accessible to private wealth investors, with monthly subscriptions and redemptions.
  • • The source material is promotional marketing content rather than independent reporting, and its performance claims are not independently verified.
Summary
Hamilton Lane's marketing materials, published on its own domain under the headline "Why Invest in Private Markets," argue that private market assets can add resilience to client portfolios. The firm states that private market assets have helped reduce overall correlations to public markets, and it claims that private market investments have historically outperformed their public equivalents over the long term. The materials also say such assets tend to experience more muted downturns and quicker recoveries, though the firm notes that diversification does not guarantee a profit or protect against loss in a declining market.

The firm defines private markets as private companies and other entities not listed on a public exchange, spanning private equity, private credit, venture capital and real assets. Citing Hamilton Lane Capital IQ data from February 2024, the materials state that only 13% of companies with more than $100 million in revenue are publicly traded globally, arguing that public-market-only investors are limited in their opportunity set. The firm acknowledges that private market investments are typically less liquid than public securities, while positioning them as offering the potential for higher returns and diversification.

According to the materials, Hamilton Lane's discretionary assets under management as of March 31, 2025 were $89B in private equity over 26 years of investing, $18B in private credit, $14B in VC and Growth, $6B in infrastructure and $24B in secondaries. The firm also describes evergreen funds, which it says are fully funded upfront without capital calls, offer immediate exposure, and provide monthly subscriptions and redemptions. Quotes from a Hamilton Lane Private Wealth Survey conducted in January 2024 are included, attributed to private wealth advisors.

The full article could not be retrieved, so this summary draws on promotional web content and publisher-domain snippets. The figures are self-reported by the firm and should be verified against primary filings before being relied upon for allocation decisions.

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Sources

2 outlets

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Seeking Alpha Why Private Markets Have A Role In Portfolios Nb Why Private Markets Have a Role in Portfolios - Neuberger Berman