Fund database › Private Equity
Hamilton LaneLU3121017696Class A-USD Acc
The Asia Private Assets Fund points the Hamilton Lane engine at Asia: secondaries, primaries and co-investments with predominantly Asian exposure, as a Luxembourg RAIF, launched in 2025, accumulating.
Monthly subscription; quarterly redemption; the quarterly gate is set tighter than at the global flagship, and a one-year soft lock makes early redemptions more expensive.
Subscription from EUR 100,000, exclusively for well-informed and professional investors; not registered for distribution in Germany.
The database's only dedicated Asia mandate — where all competitors add Asia as an admixture, Hamilton Lane makes it the core; the tighter redemption gate honestly reflects the region's shallower secondary-market depth.
Figures for class A-USD Acc (LU3121017696) · product data 26 Sep 2026 · sources: prospectus (as at undated; Launch Date 1 Sep 2025 stated), PRIIPs-KID, Factsheet, monthly report — full list under 08 documents.
Since the data series began in Oct 2025, the unit price has gained 11.1% (cumulative, 0.7 years). The series is still short; valuations of private holdings arrive quarterly and smoothed.
9 monthly values, 8 derived from monthly returns · Source: secondary source (data portal) · Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and dealing costs of reinvestment are not considered. Past performance is not a reliable indicator of future results. The fund has been running since Sep 2025; a reliable NAV series of the class is available from Oct 2025.
What the prospectus permits: Access routes are direct investments and co-investments (equity and debt, in part with minority rights), secondaries (LP-led and GP-led, including continuation vehicles), primary fund investments in target funds that are already largely specified, as well as …
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
29 holdings; the five largest account for 53.6% of the fund.
Among the ten largest: 6 LP secondaries, 4 co-investments.
Ascent India Fund IV is the fourth fund of Ascent Capital (Bengaluru), a growth and mid-market investor in India.
Ascent India Fund IV is the fourth fund of Ascent Capital (Bengaluru), a growth and mid-market investor in India.
Buyout and growth fund of TPG Capital Asia for the Asia-Pacific region, with investments in India, China, Southeast Asia and Australia, among others.
Buyout and growth fund of TPG Capital Asia for the Asia-Pacific region, with investments in India, China, Southeast Asia and Australia, among others.
Third fund of Hosen Capital, a Hong Kong-based private equity manager focused on consumer, food and agriculture businesses in China and Asia.
Third fund of Hosen Capital, a Hong Kong-based private equity manager focused on consumer, food and agriculture businesses in China and Asia.
aXcelerate, based in Brisbane, provides cloud-based student and learning management software for Australian vocational education and training providers (Registered Training Organisations).
aXcelerate, based in Brisbane, provides cloud-based student and learning management software for Australian vocational education and training providers (Registered Training Organisations).
Caleb Cable, founded in 2001 and headquartered in Hong Kong, manufactures cables, wires and cable assemblies, including LAN, telecom, automotive and industrial cables.
Caleb Cable, founded in 2001 and headquartered in Hong Kong, manufactures cables, wires and cable assemblies, including LAN, telecom, automotive and industrial cables.
Positions and shares according to the provider; short descriptions by semiliquid.info from public sources; holdings as at 30 Jun 2026, reserve as at 31 Jul 2026; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
Cost figures of the main class according to provider documents. On top comes a performance fee of 15% above a hurdle of 0% — with a high-water mark.
For 100,000 USD, no charge on purchase and up to 5,000 USD on redemption.
Based on the PRIIPs key information document of class A-USD Acc, hence comparable across providers.
Units can be subscribed monthly. The price is the NAV on the valuation day — it is not known when the order is placed.
Account in good order before the valuation day
The Board may accept orders after the Dealing Deadline at its absolute discretion (p. 24)
Price = NAV per share on this day.
no later than the 15th business day of the following month (NAV Calculation Date)
after NAV publication: 3 business days after NAV publication
An order placed today is invested in — days (—); the money is due on —.
Shown without a date because the prospectus does not quantify: cut-off. The remaining markers are calculated from the prospectus rules.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Valuation day | last calendar day of the month |
| Cut-off | 17:00 CET · (fixed calendar day) |
| Price | valuation day |
| NAV publication | no later than the 15th business day of the following month (NAV Calculation Date) |
| Payment | after NAV publication: 3 business days after NAV publication |
| Minimum investment | USD 100,000 |
| Subscription limit | The Board may limit net subscriptions by reference to the opportunity set, without prior notice; rejection/deferral at any time |
| KYC / documents | Account in good order before the valuation day |
| Revocation | deferred subscriptions cancellable up to the next Dealing Deadline |
| Business day | banks fully open for business in Luxembourg (p. 47) |
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 26 Sep 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate) and without a lock-up. How quickly the money arrives and what happens if many want out at once is set out below.
Dealing deadline = 22nd calendar day of the month in which the valuation day falls, 17:00 CET.
NAV per unit less redemption fee (up to 5%)
NAV at previous quarter-end (—)
NAV publication
A request made today is paid out on — — — days.
Shown without a date because the prospectus does not quantify: cut-off. The remaining markers are calculated from the prospectus rules.
Money typically within a quarter — on average 80 days from decision to cash.
Rank 72 of 112 · rank 23 of 38 in Private Equity · no lock-up · exit costs of 5.0% included
Money typically within a quarter — on average 80 days from decision to cash.
no lock-up · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 1 Sep 2025 · score run 16 Oct 2026 · How 80 days become 17 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | quarterly |
| Valuation day | quarter-end |
| Notice | 22 · 17:00 CET · (fixed calendar day) |
| Price | quarter-end |
| Payout | 3 business days after NAV publication |
| Gate | 3% gross of NAV at the previous quarter-end per quarter |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | up to 5% (12 months, cliff (lapses after the period)) |
| Lock-up | none |
| Suspension | emergency; market disruption; valuation impossible |
| Liquidity tools | Gate, suspension, Short-Term Redemption Fee, redemption fee, redemption in kind, Extraordinary Dealing |
| Switch / transfer | permitted only with the consent of the Board, 30 calendar days' notice period; no response within 30 calendar days is deemed a refusal |
| Compulsory redemption | in the event of ineligibility, breach of transfer restrictions, late payment or failure to maintain the minimum investment; ranks ahead of other redemptions |
Quarterly gate of 3% of the fund NAV as at the end of the preceding quarter. Until the second anniversary of launch (1 Sep 2027) the limit relates to the gross redemptions of all investors, thereafter to net redemptions (accepted redemptions less accepted subscriptions of the same valuation day, excluding redemption and short-term fees and excluding the redemption of management fee units).
The gate of 3% per calendar quarter relates to the NAV of the fund as at the end of the immediately preceding quarter. Until the second anniversary of launch (1 Sep 2027) the gross redemptions count, thereafter the net redemptions (redemptions less accepted subscriptions). The board of directors may suspend the gate in whole or in part; orders in excess are scaled back pro rata and deferred to the following quarter.
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 26 Sep 2026 · Documents: 08.
12 classes. All cost and risk figures on this page refer to the basis class A-USD Acc.
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Key information document (PRIIPs KID) | 30 Jun 2026 | — |
| NAV series secondary source (data portal) | 30 Jun 2026 | Performance (01) |
| Positions and reserve | 30 Jun 2026 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption quarterly, with 3% gate per quarter. Subscribing today, it takes on average 80 days from decision to cash under the prospectus deadlines; a gate is not factored in.
100,000 USD in class A-USD Acc.
As at 16 Oct 2026, no redemption restriction is documented for the Hamilton Lane Asia Private Assets Fund. Under the prospectus a gate of 3% per quarter applies.
Same asset class, similar sub-strategy.
Altaroc · FCPR · semi-monthly
Ardian · Part II SICAV · quarterly
BlackRock · ELTIF 2.0 · quarterly
Blackstone · Part II SICAV · quarterly
Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.