Hamilton Lane Incorporated reports developments tied to its private markets investment platform, which provides investment solutions for institutional and private wealth clients. Company news commonly covers earnings releases, private credit and private infrastructure products, interval fund structures, capital-structure actions, and funds managed by Hamilton Lane participating in private equity, renewable infrastructure, and continuation-vehicle transactions.
Updates also include senior promotions across investment and client functions and product-access initiatives such as daily NAV pricing, quarterly repurchase features, and tokenized access where offered through specific fund structures.
Russell Investments and Hamilton Lane (NASDAQ:HLNE) have established a strategic partnership to enhance private markets investment solutions for Russell's global clients. Hamilton Lane's $90 million investment in Russell signifies this commitment. The partnership aims to provide comprehensive access to private markets, which have tripled in capital allocation from $2.5 trillion to $7.7 trillion since 2008. This collaboration promises tailored investment solutions backed by deep expertise and advanced technology, positioning both firms to better serve institutional investors amidst growing market complexities.
Hamilton Lane (NASDAQ: HLNE) has appointed Vann Graves as an independent director, expanding its Board to seven members, including four independents. Vann Graves brings nearly 30 years of creative and executive leadership experience, including roles at J. Walter Thompson and McCann Worldgroup. His expertise is expected to support Hamilton Lane's continued growth in the private markets sector. The firm currently manages approximately $657 billion in assets, including $76 billion in discretionary assets.
Hamilton Lane (NASDAQ: HLNE) has announced the pricing of an underwritten public offering of 1,453,110 shares of its Class A common stock, aiming to raise $128.2 million. The offering, set to close on March 4, 2021, will not provide proceeds to the company from shares sold by certain stockholders. The funds will be used to settle cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. The offering is conducted under an effective shelf registration statement with the SEC.
Hamilton Lane (NASDAQ: HLNE) announced the closing of its Strategic Opportunities Fund VI, raising nearly $900 million from diverse global investors. The Fund focuses on credit-oriented investments designed for consistent cash yields and attractive risk-adjusted returns. With over $40 billion in assets under management, Hamilton Lane underscores its commitment to delivering unique private credit opportunities and benefits from a 29-year history in private markets investing.
Hamilton Lane Incorporated (NASDAQ: HLNE) has announced an underwritten public offering of 1,453,110 shares of Class A common stock. The shares will be sold by Hamilton Lane and certain selling stockholders, aiming to settle cash exchanges of membership units in Hamilton Lane Advisors. Importantly, the company will not receive proceeds from the selling stockholders' shares. This offering is being conducted under an effective shelf registration statement filed with the SEC, with J.P. Morgan Securities LLC serving as the underwriter.
Hamilton Lane (NASDAQ: HLNE) has announced the final close of its Hamilton Lane Secondary Fund V, raising $3.9 billion, surpassing its $3 billion target. This marks the firm's largest fundraise to date, attracting global institutional investors, including pension funds and sovereign wealth funds. The success reflects strong demand and the ongoing growth of Hamilton Lane’s secondary business, which has been active since 2000. The firm currently manages approximately $657 billion in assets, showcasing its extensive global network and commitment to providing innovative investment solutions.
San Francisco, Feb. 5, 2021 /PRNewswire/ -- Imperfect Foods announced a total of $110M for its Series D funding, a $15M increase from prior commitments. This round includes new investors Hamilton Lane (NASDAQ: HLNE) and Blisce, both focusing on sustainable solutions. The investment will enhance production capacity, improve shopping experiences, and support suppliers. Imperfect Foods has already saved over 50 million pounds of food and diverted 70% of waste from landfills in 2020. The company aims to lead the sustainable online grocery market.
On January 28, 2021, Hamilton Lane (NASDAQ: HLNE) announced its plan to acquire 361 Capital, LLC, in a strategic move to enhance its U.S. private wealth channel presence. The acquisition will integrate 361 Capital's expertise and expand Hamilton Lane’s footprint to 18 global locations. The deal aligns with Hamilton Lane's recent initiatives, including the launch of the Private Asset Fund, aimed at broadening investor access to private markets. Closing is anticipated later this quarter, subject to customary conditions.
Hamilton Lane (NASDAQ: HLNE) will announce its third fiscal quarter financial results on February 2, 2021, before market opening. A conference call and webcast will follow at 11:00 a.m. ET on the same day to discuss the results. Investors can pre-register to ask questions, with details provided post-registration. Hamilton Lane manages approximately $547 billion in assets, with $73 billion in discretionary assets and over $474 billion in advisory assets as of September 30, 2020.
Hamilton Lane (NASDAQ: HLNE) has launched the Hamilton Lane Private Assets Fund, a closed-end investment vehicle registered under the ‘40 Act. This fund opens up diversified access to private equity and private credit assets for qualified U.S. investors, including high-net-worth individuals. The Fund features lower minimum investments of $50,000 and offers monthly subscriptions with quarterly liquidity options. Hamilton Lane seeded the Fund with $30 million and secured an additional $100 million from an anchor investor, enhancing its commitment to accessibility in private markets.