Morningstar

Hamilton Lane Private Assets Fund Class I XHLIX

Medalist Rating as of Oct 19, 2026

Will XHLIX outperform in the future?

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Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable XHLIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the XHLIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of XHLIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Diversified private equity via an established player.

Principal Jack Shannon

Jack Shannon

Principal

Summary

Hamilton Lane Private Assets’ experienced team oversees a reasonable approach to broad-based private equity investing, but like many peers, it needs time to prove itself.

by Jack Shannon

Rated on Oct 19, 2026 Published on Oct 19, 2026

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