Hg Genesis 10, L.P. Recommendation Report
Net Performance and Benchmarks
Hamilton Lane
(€mm)
Fund
Fund VI
Fund VII
Fund VIII
Fund IX
Total
●
HgCapital
Prior Investment Performance¹
As of 9/30/21
Vintage Fund Size
2009
2013
2017
2020
€2,030
2,256
2,876
4,500
%
Drawn
2,3
91%
94%
69%
19%
DPI
1.8x
1.7x
0.4x
0.0x
1.1x
12/13/21 | Proprietary and Confidential
TVPI
1.8x
2.1x
2.1x
1.5x
1.9x
Fundraise Update
The Fund is anticipated to launch in January 2022
Net
IRR
12.4%
18.8%
61.3%
561.1%
18.4%
Quarters
to Break
J-Curve
1
10
8
2
DPI
Executive Summary (cont.)
HL Benchmark
Buyout
As of 6/30/21
Spread vs. Top-Quartile
-0.5x
0.6x
-0.1x
0.0x
TVPI
-0.7x
-0.1x
0.3x
0.2x
Net
IRR
-1264 bps
-478 bps
+2870 bps
+48021 bps
PME Benchmark
Buyout
As of 9/30/21
Spread
vs. PME
+374 bps
+1378 bps
+4669 bps
+55807 bps
+1067 bps
Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices
J-Curve Benchmark
Large Buyout
As of 6/30/21
Comparison to Peers
(quarters)
1 Capital Drawn, Distributed and NAV are calculated from the cash flows of fee-paying limited partners and excludes and cash flows from the General Partner's commitment; Fund VI through Fund IX
net cash flows are reflective of net cash flows for limited partners investing in Hg A-E fund vehicles, and are not reflective of Hg co-investment vehicles and HGT commitments; net cash flows
provided on a quarterly basis; Funds VI, VII and VIII cash flows and fund sizes converted from GBP to EUR
2 Percent drawn calculated from net cash flows for limited partners investing in Hg A-E fund vehicles
3 As of 9/30/21, Fund IX was 37% invested
11 earlier
4 later
4 later
n/a
Hg Genesis 10, L.P. | Page 4View entire presentation