Hamilton Lane announced the launch of Hamilton Lane Impact Fund II (‘Impact Fund II’ or ‘Fund II’), a closed-end investment vehicle for qualified investors and a continuation of the strategy deployed in Hamilton Lane Impact Fund I (‘Fund I’), which aims to generate attractive returns and positive social and environmental impact. Fund II will target investment opportunities with measurable environmental and social impact, including companies that focus on clean energy transition, sustainable processes, health and wellness and community development. A diversified private markets impact solution, Fund II will seek to make direct investments across geographies and strategies—including buyout, growth, late-stage venture, credit and real assets. The fund will have an emphasis on investments in transformative technologies, innovation and efficiency. Impact Fund II is being offered pursuant to a private offering using Rule 506(c) of Regulation D, in which qualified persons who are accredited investors and qualified purchasers may participate.