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Hamilton Lane Incorporated (Nasdaq: HLNE) is a prominent global private markets investment management firm. With a history spanning over three decades, Hamilton Lane has become a cornerstone in the private investment landscape. The firm is dedicated to providing innovative investment solutions to institutional and private wealth investors worldwide. As of December 31, 2023, the firm oversees approximately $903 billion in assets under management and supervision, with $120 billion in discretionary assets and nearly $783 billion in non-discretionary assets.
Headquartered in Conshohocken, Pennsylvania, Hamilton Lane operates from offices across North America, Europe, Asia Pacific, and the Middle East, employing nearly 700 professionals. These offices include significant presences in major financial hubs such as New York, London, Hong Kong, Rio de Janeiro, Tel Aviv, and Tokyo.
Hamilton Lane provides a diversified array of private market investment products and services, encompassing private equity, private credit, real estate, infrastructure, natural resources, growth equity, venture capital, and impact investments. Their expertise extends to building flexible investment programs that enable clients to access the full spectrum of private market strategies, sectors, and geographies.
The firm generates revenue primarily through management and advisory fees, reflecting its role in managing and supervising client portfolios. This broad and customized client service includes conceiving, structuring, building, managing, and monitoring portfolios of private market funds and direct investments.
Recent Developments:
- March 4, 2024: Hamilton Lane announced pricing of an underwritten public offering of 1,922,322 shares of Class A common stock, generating gross proceeds of approximately $210 million.
- March 7, 2024: Hamilton Lane released its annual Market Overview, offering a comprehensive data-driven analysis of the private markets.
- April 10, 2024: Hamilton Lane expanded its Canadian operations with a larger office in Toronto, reflecting continued growth in the region.
- May 1, 2024: Hamilton Lane participated in a $47 million funding round for Securitize, a leader in tokenizing real-world assets.
- May 23, 2024: Hamilton Lane reported strong financial results for the fiscal year ending March 31, 2024, continuing its trend of robust growth and performance.
For more information about Hamilton Lane, please visit their official website at www.hamiltonlane.com.
Hamilton Lane (NASDAQ: HLNE) has partnered with Figure Technologies to launch three new share classes for its Private Assets Fund (PAF). This initiative marks the first instance of a 1940 Act registered investment fund offering digitally-native share classes, utilizing Provenance Blockchain for enhanced transfer agent services and investor liquidity. The Fund aims to broaden access for qualified U.S. investors, providing a diversified portfolio of private equity and private credit assets through Figure's Digital Fund Services. This collaboration emphasizes Hamilton Lane's commitment to transforming the private markets through innovative technology.
Novata, a leading ESG data management platform for private markets, has received the Network 20/20 Global Innovators Award for Governance and Institutions. This recognition highlights Novata’s commitment to sustainable capitalism through technology. Backed by key organizations including S&P Global (NYSE: SPGI) and Hamilton Lane (NASDAQ: HLNE), the platform aids in ESG metric selection, data collection, and investment analysis. The award, accepted by Lorraine Spradley-Wilson, acknowledges Novata's collaboration with industry experts to address ESG challenges. The company aims to simplify ESG data management for private markets.
Hamilton Lane (NASDAQ: HLNE) will release its second fiscal quarter financial results on November 1, 2022, before market opening. A conference call and webcast are scheduled for 11:00 a.m. ET the same day, with pre-registration available for attendees. The firm, specializing in private markets investment management, boasts over $832 billion in assets under management. This includes $108 billion in discretionary assets. Investors can access a replay of the event for one year following the live presentation.
Hamilton Lane (NASDAQ: HLNE) partners with Securitize to tokenize funds, enhancing access for U.S. investors to its private markets products. This initiative allows qualified individual investors to invest in three specific funds through tokenized feeder structures, targeting direct equities, private credit, and secondary transactions. With over 95,000 private companies generating significant revenue, this collaboration aims to democratize investment opportunities previously reserved for institutional investors. The tokenized funds will be available on Securitize Markets by Q4 2022.
Hamilton Lane (NASDAQ: HLNE) has expanded its presence in Europe by opening new offices in Milan, Stockholm, and Zug, while hiring senior leaders in London and Frankfurt. This expansion aims to meet increasing investor demand for private markets strategies. The firm now operates six offices across the EMEA region, doubling its footprint since 2021. Notable new hires include Christian D'Amico and Katrin Boström, enhancing local client servicing capabilities. With over $832 billion in assets under management, Hamilton Lane seeks to capitalize on the growing interest in private markets.
Hamilton Lane (NASDAQ: HLNE) has announced the appointment of Kerrine Koh as the Head of Southeast Asia and an investment in StashAway, a Singapore-based digital investment platform. This move aims to enhance the firm's presence in Singapore and broaden access to private markets for diverse investors. Koh brings over 12 years of experience from BlackRock, and her leadership is expected to bolster business development in the region. The strategic partnership with StashAway reflects Hamilton Lane's commitment to innovative financial solutions and expanding its digital asset platform.
Hamilton Lane (NASDAQ: HLNE) has appointed Kristin Brandt as its first Chief Human Resources Officer, marking a significant step in its organizational growth. With nearly 20 years of experience in financial services, Brandt previously served as Head of HR for Lazard's Americas Investment Banking division. Hamilton Lane has seen a 42% increase in its workforce since March 2020, now totaling over 540 employees. The firm manages more than $832 billion in assets and aims to enhance employee development through focused HR initiatives, highlighting its commitment to an award-winning culture.
Hamilton Lane (NASDAQ: HLNE) has successfully closed its largest private credit fund, raising $953 million from various institutional investors globally. The Strategic Opportunities Fund VII aims to deliver attractive, risk-adjusted returns, primarily through direct credit investments. With rising interest rates and volatility, the fund is expected to provide stability and cash yield for investors. Hamilton Lane manages over $832 billion in assets, showcasing its robust platform and commitment to navigating market complexities.
Hazeltree has announced a strategic investment of $14 million, led by FINTOP Capital and joined by Hamilton Lane (NASDAQ: HLNE). This funding aims to fuel Hazeltree's growth in treasury and liquidity management technology for the alternative asset management industry. FINTOP's Rick Kushel will join Hazeltree’s board. Hazeltree’s Executive Chair, Douglas Haynes, expressed confidence in the investment's potential despite market volatility, highlighting the strong interest from investors and the company's resilient business model.
Novata has launched SFDR metrics within its ESG reporting platform, aiming to assist financial market participants in meeting European sustainability disclosure regulations. The company is expanding its sales team in Europe to enhance its reach and effectiveness. Backed by notable organizations such as S&P Global (NYSE: SPGI) and Hamilton Lane (NASDAQ: HLNE), Novata's platform simplifies ESG data management, providing tools for data collection and reporting. This initiative responds to increasing regulatory demands for ESG disclosures across private markets.
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