| Company type | Public |
|---|---|
| Industry | Financial services |
| Founded | 1991; 35 years ago (1991) |
| Founder | Leslie Brun |
| Headquarters | Conshohocken, Pennsylvania, U.S. |
Key people | Hartley R. Rogers (chairman) Mario Giannini (CEO) |
| Products | Private equity Secondaries Equity co-investment Growth equity Venture capital Private credit Real assets |
| Revenue | |
| AUM | |
| Total assets | |
| Total equity | |
Number of employees | 700 (2024) |
| Website | hamiltonlane |
| Footnotes / references [1][2] | |
Hamilton Lane Incorporated is an Americanalternative investment management and advisory company headquartered inConshohocken,Pennsylvania. The company providesprivate markets investments to its clients.
The company has 22 offices globally and has offices inNorth America, Europe, theMiddle East and Asia-Pacific.[3]
Hamilton Lane was founded in 1991 by Leslie Brun. It was originally formed as aprivate equity advisory firm for large public pension plans.[4][5][6]
In 1998, the company addedseparately managed account andfund of funds investment management services. On November 18, 2004, Hamilton Lane acquired The Richcourt Group, a fund ofhedge funds manager fromCitco, and the company continued to expand its product offerings and services.[5][7]
In 2000,Crédit Lyonnais acquired a 24.9% stake in Hamilton Lane. In December 2003, Hamilton Lane sold 40% of the company to a group of outside investors which included Hartley Rogers (who is now the company's chairman) andCascade Investment. In May 2006, another investor group which included Rogers, Cascade Investment andCredit Agricole (who had acquired Crédit Lyonnais in 2003), acquired Brun's 12% stake in Hamilton Lane. In February 2012, Hamilton Lane used a $165 millionseniorsecured loan fromGoldman Sachs to buy backCredit Agricole's stake in the company.In July 2015, Hamilton Lane bought back Cascade Investment's stake in the company making it majority employee-owned again.[4][6][5][8][9][10]
On February 2, 2013, Hamilton Lane acquired Shott Capital Management, aSan Francisco-based separate accounts manager and provider of distribution management services.[11]
In December 2013, Hamilton Lane announced its intention to acquirePaul Capital. However, by February 2014, Hamilton Lane dropped interest in the acquisition after a series of negotiations.[11][12]
On March 1, 2017, Hamilton Lane held itsinitial public offering becoming a listed company on theNasdaq and raising $200 million. It was priced at $16 on its debut and closed 12.6% up at end of first day of trading.[9][13]
On June 20, 2017. Hamilton Lane acquired Real Asset Portfolio Management LLC, aPortland-basedreal assets investment and consulting firm.[14]
On January 28, 2021, Hamilton Lane acquired 361 Capita, aDenver-basedlong/short equity fund manager.[3]
On March 30, 2021, Hamilton Lane acquired a $90 million stake inRussell Investments.[15]
In October 2022, Hamilton Lane announced it would tokenize three of its funds in a partnership withSecuritize, Inc. using thePolygonblockchain.[16]
In October 2024, Hamilton Lane Launched two evergreen infrastructure funds - Global Private Infrastructure Fund (forEMEA,APAC,LatAm) and U.S. Private Infrastructure Fund, growing the firm’s evergreen strategy to about $8.1 billion AUM.[17]
Most of the company's business involve providing investment advisory services to its clients by helping develop and implement their private markets investment programs. However, the company also performs direct investments in assets classes such as fund of funds, private equity, private credit and real assets.[1]