Nasdaq Welcomes Hamilton Lane Incorporated (Nasdaq: HLNE) to The Nasdaq Stock Market
NEW YORK, March 01, 2017 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Hamilton Lane Incorporated (Nasdaq:HLNE), a global private markets investment solutions provider with approximately $40 billion of assets under management (“AUM”) and approximately $292 billion of assets under advisement (“AUA”), commenced on The Nasdaq Stock Market on March 1, 2017.
Founded in 1991, Hamilton Lane has been dedicated to private markets investing for 25 years. The firm works with its clients to conceive, structure, build, manage and monitor portfolios of private markets funds and direct investments. Hamilton Lane helps global investors navigate the increasing complexity and opacity of private markets investing with its private markets expertise, deep industry relationships, differentiated investment access, risk management capabilities, proprietary data advantages and analytical tools. The company currently has more than 290 employees, including over 90 investment professionals, operating in 11 offices throughout the United States and in London, Hong Kong, Rio de Janeiro, Seoul, Tel Aviv and Tokyo.
Mario Giannini, CEO of Hamilton Lane, commented: “The last 25 years have seen us build a unique company with clients and partners with whom we are proud to be associated, as well as an award-winning culture. We believe that being a public company positions us to continue to build our platform to best serve our clients, and we’re truly humbled and excited by this development for the firm.”
“At Nasdaq, we thrive to drive innovations that will positively impact the global capital markets. Hamilton Lane shares a similar vision by delivering differentiated private market solutions to help clients safeguard their investments,” said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq. “We are proud to be the listing partner for Hamilton Lane as the firm embarks on the next phase of its journey as a public company.”
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and approximately 18,000 corporate clients. To learn more, visit: business.nasdaq.com.
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