Hamilton Lane has led the closing of Latour Capital's first continuation fund, acquiring Gutor from its 2019 vintage fund. Ardian participated as a lead investor alongside Hamilton Lane, while Patria acted as co-underwriter. Existing limited partners and Gutor's management team also committed capital to the vehicle.

The transaction marks a strategic move for Latour, allowing partial realization from its 2019 fund while retaining exposure to Gutor's industrial platform. Founded in 1946, Gutor manufactures mission-critical uninterruptible power supply systems for energy and industrial customers. Following Latour's carve-out from Schneider Electric in August 2023, the company has expanded commercially and broadened its service offering.

This continuation structure highlights the growing use of GP-led secondaries as a value crystallization tool in Europe's mid-market. By retaining ownership through a new vehicle, Latour aims to support Gutor's next phase of operational execution and selective growth. Keith Brittain, Co-Head of Secondary Investments at Hamilton Lane, described the transaction as backing a proven business with room to grow.