The Guardian Media Group Pension and Retirement Scheme, one of the UK's largest defined benefit plans with over £10 billion in assets, committed $5 billion to Hamilton Lane's evergreen private markets funds, including its infrastructure-focused vehicles. The investment, structured as a long-term, open-ended commitment, allows the pension scheme to gain diversified exposure to private markets without liquidity constraints typical of closed-end funds. Guardian's Sarah Willingham, chair of the pension trustees, stated the partnership enhances the scheme's ability to meet long-term liabilities while targeting inflation-beating returns. Hamilton Lane CEO Mario Giannini highlighted the deal as emblematic of the firm's evolution, underscoring its position as a trusted partner for institutions navigating complex portfolios. The milestone reflects Hamilton Lane's rapid ascent to $1.01 trillion in total assets under management and supervision as of March 31, 2026.