Private Wealth Solutions European Long Term Investment Fund

Seeking to deliver attractive returns while promoting growth in the real European economy through direct investment in local infrastructure assets and projects.  
$75.5B

Infrastructure Assets Under Management1

$22.0B

Secondary Assets Under Management2

$16B

Direct Equity Assets Under Management3

$9B

Evergreen Assets Under Mangement4

Providing Access to a Diversified Private Markets Portfolio

For both retail and non-professional investors, the Hamilton Lane ELTIF Fund (HL PMA ELTIF) is one of the first available European Long Term Investment Funds, designed for EU-based retail* investors and adheres to the 2024 ELTIF 2.0 regulations. PMA ELTIF integrates the retail-friendly advantages of the ELTIF regulation with our sophisticated multi-manager investment strategy. The benefits of this combination are evident in both the Fund’s structure and its investment approach.

HL ELTIF 2.0


Access to diversification with a potential to achieve attractive returns

The dynamic multi-manager approach of the fund not only diversifies the portfolio but allows for deployment of the portfolio in a speedy and robust manner. As a one-stop solution to a fully diversified portfolio across buyout, growth/venture capital and infrastructure, the Fund seeks to deliver attractive returns while promoting growth in the real European economy through direct investment in local infrastructure assets and projects.

Building Portfolios with ELTIFs

  • Balancing Liquidity & Returns – Choosing an ELTIF with the right liquidity level is crucial, as higher liquidity requires holding more liquid assets, which can impact returns.
  • Diverse Private Market Exposure – ELTIFs can invest in primary funds, co-investments, and secondaries, allowing for faster exposure and earlier distributions.
  • Multi-Manager Advantage – A multi-manager ELTIF can provide broader diversification and access to top-tier private market investments.
  • Enhancing Balanced Portfolios – Integrating ELTIFs into a 60/40 portfolio can reduce risk, improve returns, and offer a strategic approach to private market investments.

Target Portfolio Construction
For illustrative purposes only. Allocations subject to change without notice. 

  • The direct/co-investments and secondaries focus gives the fund the ability to beat the j-curve, gives diversification in GP exposures and helps to manage liquidity in a dynamic portfolio.
  • The exposure in Europe supports growth in European markets, targeted to European investors.
  • Although the portfolio is weighted to Europe, it also has the flexibility to also capture opportunities in North America and Asia Pacific.
  • The multi-asset approach allows for capturing of relative value opportunities as markets shift, to achieve the  portfolio's target return in a risk-adjusted manner.
  • To replicate this  multi-asset exposure  under the ELTIF stricture would usually require each asset class to be launched, managed and onboarded as ELTIFs. 

Related Insights

2024 Real Assets Market Overview

Each year our Real Assets team publishes the Real Assets Market Overview, a comprehensive look at the trends, challenges and opportunities shaping that asset class today.

View Content

Annual Global Private Wealth Survey

Private wealth professionals from around the world shared how they plan to use private market investments in 2025. One key finding: 30% of advisors plan to allocate 20% or more to the asset class.

See the Results

Introduction to Infrastructure Investing

An introduction to infrastructure asset management in the private markets.

Learn More

Contact Us

For general inquiries, please reach us at evergreenproductsupport@hamiltonlane.com.


1Includes $66.9B of assets under supervision and $5.1B of assets under management as of December 31, 2024.

2Total Secondary AUM = (discretionary and non-discretionary active commitments). As of September 30, 2024

3Discretionary Assets Under Management ("AUM") includes all investments managed by Hamilton Lane for which Hamilton Lane retains a level of discretion for the investment decisions as of September 30, 2024. AUM equals assets under management for active accounts. AUM is equal to market value plus unfunded. AUM calculation does not include authorized to invest amounts (ANI). ANI can only be attributed to commingled fund-of-funds and separate accounts and cannot be attributed to underlying investments. Direct Equity AUM includes direct equity investments and does not include direct credit investments.​

4As of December 2024 

*Hamilton Lane Private Markets Access ELTIF Fund is available to non-professional investors via distribution partners, and is also accessible for investors and institutions