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Hamilton Lane Joins S&P MidCap 400, Marks Major Growth Milestone in Private Markets

Benzinga ·  Sep 23 19:18

Leading private markets investment management firm Hamilton Lane (NASDAQ:HLNE) announced that it has been named to the S&P MidCap 400 by S&P Dow Jones Indices, effective before the open of trading today, Monday, September 23, 2024.

For more than 30 years, Hamilton Lane has been dedicated exclusively to private markets investing, providing innovative solutions to institutional and private wealth investors around the world. As of June 30, 2024, the firm had more than $940 billion in assets under management and supervision, composed of nearly $130 billion in discretionary assets – representing 11% year-over-year growth – and more than $810 billion in non-discretionary assets.

Hamilton Lane Co-CEO Erik Hirsch commented: "The addition of our firm to the S&P MidCap 400 Index represents a significant milestone in Hamilton Lane's 33-year growth story – a story that continues to evolve but that has always been driven by our focus on delivering for our clients. We have an exciting path forward, as we continue to lean into our culture of integrity, innovation and the pursuit of excellence, while adapting to meet the evolving needs of private markets investors of all sizes with new technology, new markets and new regions across the globe."

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