Together with Republic, this initiative seeks to
revolutionize access to private markets funds, opening a
$13 trillion* global market to retail
investors
CONSHOHOCKEN, Pa. and NEW YORK, Jan. 14,
2025 /PRNewswire/ -- Hamilton Lane (Nasdaq: HLNE),
one of the largest private markets investment firms globally,
together with Republic, a leading global investment platform for
private market assets, today announced a new partnership that aims
to bring institutional-quality private market investments to
individual retail investors in the
U.S.
Through the partnership, the firms intend to launch digital
blockchain-based solutions for retail investors, featuring low
investment minimums and the potential for increased liquidity
compared to traditional private market funds. The first offering is
expected in 1H 2025.
Hamilton Lane, with more than $947
billion in assets under management and supervision**, has
data showing that the majority of private markets funds have
outperformed their public market equivalents in 19 of the last 20
years. This partnership is believed to represent a major step
forward in expanding access to this historically high-performing
investment category and empowering retail investors with new wealth
generation opportunities.
The planned offering marks the latest in Hamilton Lane's efforts
to broaden investor access within the private markets. The firm was
an early mover and continues to be a leader in this area, as one of
the first to offer evergreen structures and tokenized funds within
the private markets to accredited and high-net-worth investors, and
now as one of the first to offer the opportunity for pure retail
investors to access institutional-grade private markets
investments.
Victor Jung, Head of Digital
Assets at Hamilton Lane, commented: "The historic performance and
diversification benefits of the private markets are real. Globally,
there are over 140,000 private companies with annual revenues over
$100 million, versus approximately
19,000 public companies with the same annual revenues, and we
believe that investors shouldn't be required to have a high income
or millions in net worth to access these assets. Republic's leading
digital solution and expertise in serving this market will enable
us to offer retail investors the opportunity to tap into Hamilton
Lane's longstanding private markets expertise, scale and
platform."
"At Republic, it's always been our mission to open new asset
classes to all levels of investors. Working with an industry leader
like Hamilton Lane makes direct access to institutional quality
private markets funds across a variety of industries possible,"
said Kendrick Nguyen, CEO of
Republic. "We are excited to apply Republic's market-leading
digital infrastructure to this initiative."
*Source: McKinsey Global Private Markets Review 2024;
March 2024
**As of
9/30/24
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is
one of the largest private markets investment firms globally,
providing innovative solutions to institutional and private wealth
investors around the world. Dedicated exclusively to private
markets investing for more than 30 years, the firm currently
employs approximately 730 professionals operating in offices
throughout North America,
Europe, Asia Pacific and the Middle East. Hamilton Lane has more than
$947 billion in assets under
management and supervision, composed of more than $131 billion in discretionary assets and
approximately $816 billion in
non-discretionary assets, as of September
30, 2024. Hamilton Lane specializes in building flexible
investment programs that provide clients access to the full
spectrum of private markets strategies, sectors and
geographies. For more information, please visit our website
or follow Hamilton Lane on LinkedIn.
Forward-Looking Statements
Some of the statements in
this release may constitute "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995. Words such as "will," "expect,"
"believe," "estimate," "continue," "anticipate," "intend," "plan"
and similar expressions are intended to identify these
forward-looking statements. Forward-looking statements discuss
management's current expectations and projections relating to our
financial position, results of operations, plans, objectives,
future performance and business. All forward-looking statements are
subject to known and unknown risks, uncertainties and other
important factors that may cause actual results to be materially
different, including risks relating to: our ability to manage
growth, fund performance, competition in our industry, changes in
our regulatory environment and tax status; market conditions
generally; our ability to access suitable investment opportunities
for our clients; our ability to maintain our fee structure; our
ability to attract and retain key employees; our ability to manage
our obligations under our debt agreements; defaults by clients and
third-party investors on their obligations to fund commitments; our
exposure and that of our clients and investors to the credit risks
of financial institutions at which we and they hold accounts; our
ability to comply with investment guidelines set by our clients;
our ability to successfully integrate acquired businesses with
ours; our ability to manage risks associated with introducing new
types of investment structures, products or services or entering
into strategic partnerships; our ability to manage redemption or
repurchase rights in certain of our funds; our ability to manage,
identify and anticipate risks we face; our ability to manage the
effects of events outside of our control; and our ability to
receive distributions from Hamilton Lane Advisors, L.L.C. to fund
our payment of dividends, taxes and other expenses.
The foregoing list of factors is not exhaustive. For more
information regarding these risks and uncertainties as well as
additional risks we face, you should refer to the "Risk Factors"
detailed in Part I, Item 1A of our Annual Report on Form 10-K for
the fiscal year ended March 31, 2024 and in our
subsequent reports filed from time to time with the Securities and
Exchange Commission. The forward-looking statements included in
this release are made only as of the date hereof. We undertake no
obligation to update or revise any forward-looking statement as a
result of new information or future events, except as otherwise
required by law.
About Republic
Headquartered in New York City, Republic is a global financial
firm operating a network of retail-focused investment platforms and
an enterprise digital advisory arm. With a deep track record of
legal and technical innovation, Republic is known for providing
access to new asset classes to investors of all types. Backed by
Valor Equity Partners, Galaxy Interactive, Lloyds Capital, HOF
Capital, AngelList and other leading institutions, Republic boasts
a global portfolio of over 2,000 companies and a community of
nearly three million members in over 150 countries. More than
$3 billion has been deployed through
investment platforms, funds, and firms within the Republic family
of companies with operations established in the US, the UK, EU, the
UAE, South Korea, and Singapore.
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SOURCE Hamilton Lane
