Hamilton Lane
Encyclopedia
Hamilton Lane is a private, independent private equity
firm with more than $150 billion in total assets under management
and supervision (As of September 30, 2011). Hamilton Lane is headquartered outside of Philadelphia and has offices in London
, Hong Kong
, San Francisco, San Diego, New York
, Fort Lauderdale, Tel Aviv
, Tokyo
, Singapore
and Rio de Janeiro
.
The firm was founded in 1991 as a private equity
advisory firm for large public pension plans. In 1998, Hamilton Lane gained its first separate account
client and in the same year launched its first fund-of-funds product. In 2003, the ownership of Hamilton Lane was restructured to accommodate an external investment and redistribute the ownership of Hamilton Lane to a broader group of the firm’s employees. Hamilton Lane currently has more than 170 employees.
funds, sovereign wealth funds, Taft-Hartley funds, financial institutions, insurance companies, foundations and endowments
. The clients include a number of the world's largest institutional investors, as well as many mid-sized and smaller institutions.
Advisory - Guidance assists clients in identifying the appropriate target private equity allocation and/or commitment based on their investment risk/return profile.
Fund-of-funds – Diversified approach to private equity investing, ideal for smaller institutions seeking entry into the asset class.
Secondaries
- Funds created through the purchase of pre-existing investor commitments to private equity investments.
Co-investments - Direct investments in an individual company alongside a private equity manager.
Fund Administration
- Services to support the operational requirements of private equity investments. Includes portfolio monitoring and oversight, cash flow transaction monitoring, detailed portfolio holding reporting, research and client reporting.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm with more than $150 billion in total assets under management
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...
and supervision (As of September 30, 2011). Hamilton Lane is headquartered outside of Philadelphia and has offices in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, San Francisco, San Diego, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, Fort Lauderdale, Tel Aviv
Tel Aviv
Tel Aviv , officially Tel Aviv-Yafo , is the second most populous city in Israel, with a population of 404,400 on a land area of . The city is located on the Israeli Mediterranean coastline in west-central Israel. It is the largest and most populous city in the metropolitan area of Gush Dan, with...
, Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...
, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
and Rio de Janeiro
Rio de Janeiro
Rio de Janeiro , commonly referred to simply as Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil, and the third largest metropolitan area and agglomeration in South America, boasting approximately 6.3 million people within the city proper, making it the 6th...
.
The firm was founded in 1991 as a private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
advisory firm for large public pension plans. In 1998, Hamilton Lane gained its first separate account
Separate account
A separate account is a segregated accounting and reporting account held by an insurance company not in or "separate" from its general account. A separate account allows an investor to choose an investment category according to his individual risk tolerance, and desire for performance...
client and in the same year launched its first fund-of-funds product. In 2003, the ownership of Hamilton Lane was restructured to accommodate an external investment and redistribute the ownership of Hamilton Lane to a broader group of the firm’s employees. Hamilton Lane currently has more than 170 employees.
Types of Investors
Hamilton Lane has clients and fund investors around the world including public and corporate pensionPension
In general, a pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.The terms retirement...
funds, sovereign wealth funds, Taft-Hartley funds, financial institutions, insurance companies, foundations and endowments
Financial endowment
A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust....
. The clients include a number of the world's largest institutional investors, as well as many mid-sized and smaller institutions.
Investment Programs
Separately managed accounts - Customized portfolio construction ideal for mid-to-large-sized institutional investors seeking to expand or maintain their private equity program.Advisory - Guidance assists clients in identifying the appropriate target private equity allocation and/or commitment based on their investment risk/return profile.
Fund-of-funds – Diversified approach to private equity investing, ideal for smaller institutions seeking entry into the asset class.
Secondaries
Secondaries
Secondaries is a shorthand form for:* Private equity secondaries, pre-existing investor commitments to private equity and other alternative investment funds purchased in the private equity secondary market...
- Funds created through the purchase of pre-existing investor commitments to private equity investments.
Co-investments - Direct investments in an individual company alongside a private equity manager.
Fund Administration
Fund administration
Fund administration is the name given to the set of activities that are carried out in support of the actual process of running a collective investment scheme, whether the scheme is a traditional mutual fund, a hedge fund, Pension fund, unit trust or something in between.Managers of funds often...
- Services to support the operational requirements of private equity investments. Includes portfolio monitoring and oversight, cash flow transaction monitoring, detailed portfolio holding reporting, research and client reporting.
External links
- Hamilton Lane (Company website)