Russell Investments enters strategic partnership with Hamilton Lane to speed up non-public market capabilities
SEATTLE & BALA CYNWYD, PA – (BUSINESS WIRE) –Russell Investments, a number one supplier of outsourced CIOs (OCIO) and a worldwide funding options agency, and Hamilton Lane (NASDAQ: HLNE), a number one non-public markets funding administration agency, introduced As we speak a strategic partnership that can present Russell Investments’ international shoppers with entry to Hamilton Lane’s non-public market funding options, Hamilton Lane’s data-driven analysis options and progressive expertise instruments.
Hamilton Lane’s complete non-public markets capabilities will additional strengthen Russell Investments’ consumer worth proposition by offering distinctive open structure funding options spanning the complete spectrum of asset courses. Hamilton Lane’s $ 90 million funding in Russell Investments additional demonstrates its dedication to this strategic partnership.
“Given the rising complexity of the market and rising monetary safety wants, fiduciaries are searching for companions who can seamlessly present customized and differentiated funding options., ” mentioned Michelle Seitz, President and CEO of Russell Investments. “This partnership demonstrates our 85-year fiduciary dedication to offering our shoppers with complete and modern funding and danger administration options. The ensuing one-stop-shop entry to the huge capacities of personal and public markets is, I consider, unmatched in our business right now. “
Based on Seitz, institutional buyers are more and more specializing in their very own core enterprise abilities and wish extra complete relationships with strategic funding companions. The market potential is critical. McKinsey & Firm research stories 76% of asset house owners with property as much as $ 10 billion haven’t outsourced their investing actionsI. Boston Consulting Group additionally predicts that funding options might be one of many quickest rising segments of the asset administration business over the subsequent 5 years.ii.
Non-public markets are an necessary part of investor portfolios, and this partnership comes at a time when non-public market alternatives and asset class allocations proceed to develop. Since 2008, non-public market capital has tripled from $ 2.5 trillion to $ 7.7 trillioniii. The non-public markets asset class continued to reveal its potential to generate important returns for buyers. Hamilton Lane information exhibits that non-public fairness and personal credit score have every outperformed the MSCI World PME and Credit score Suisse Leveraged Mortgage PME, respectively, in 19 of the previous 20 years.iiii.
“At Hamilton Lane, we’re dedicated to offering non-public market entry to a broader group of buyers around the globe, and this partnership is one other thrilling improvement in assist of that purpose,” mentioned Mario Giannini, Hamilton Lane CEO. “We consider that our funding capabilities and experience, together with Russell Investments’ sturdy outsourced funding options, will allow enhanced and built-in entry to international non-public markets for Russell Investments shoppers around the globe.”
Russell Investments shoppers will profit from entry to Hamilton Lane’s international funding platform and in-depth experience throughout all non-public market methods and sectors, in addition to entry to danger administration instruments and Hamilton Lane Non-public Markets Portfolio Building. Enhanced by Hamilton Lane’s proprietary technological capabilities, Russell Investments’ enterprise danger administration system will allow shoppers to leverage the ability of an enormous–funding platform structure in private and non-private markets to fulfill their particular targets and goals.
For 85 years, Russell Investments has centered on bettering individuals’s monetary safety. This purpose aligns with Hamilton Lane’s acknowledged purpose of offering higher monetary well-being to those that rely on it. The 2 firms additionally share a dedication to offering distinctive customer support and providing customized options to their international prospects.
“Russell Investments and Hamilton Lane put the wants of our shoppers on the heart of every little thing we do,” mentioned Seitz. “We’re dedicated to democratizing entry to the business’s most subtle capabilities and funding instruments. It is about extending our prowess in institutional options, perfected over many years in collaboration with the world’s largest asset house owners, to extra mid-market establishments and wealth administration companions, and to extra mid-market establishments and wealth administration companions. their shoppers.
About Russell Investments
Russell Investments is a pacesetter CIO (OCIO) accomplice and international funding options firm offering a variety of funding capabilities to institutional buyers, monetary intermediaries and particular person buyers around the globe. Constructing on a legacy of 85 years of steady innovation to ship distinctive worth to its shoppers, Russell Investments works day-after-day to enhance the monetary safety of its shoppers. The corporate is the fifth largest funding advisor on the earth, with $ 2.5 trillion in property underneath recommendation (as of 6/30/2020) and $ 323.7 billion in property underneath administration (as of 12/31 / 2020) for patrons in 32 international locations. Primarily based in Seattle, Washington, Russell Investments has workplaces in 19 cities around the globe, together with New York, London, Tokyo and Shanghai. For extra info, please go to www.russellinvestments.com.
About Hamilton Lane
Hamilton Lane (NASDAQ: HLNE) is a number one non-public markets funding administration agency offering progressive options to stylish buyers around the globe. Devoted solely to personal markets investing for 29 years, the corporate at present employs greater than 440 professionals working in workplaces in North America, Europe, Asia-Pacific and the Center East. Hamilton Lane had roughly $ 657 billion in property underneath administration and supervision, consisting of roughly $ 76 billion in discretionary property and roughly $ 581 billion in advisory property, as of December 31, 2020. Hamilton Lane is focuses on creating versatile funding packages that present shoppers with entry to the complete vary of methods, sectors and geographies in non-public markets. For extra info, please go to www.hamiltonlane.com or comply with Hamilton Lane on Twitter: @hamilton_lane.
Warning concerning forward-looking statements
Sure of the statements contained on this press launch might represent “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, Part 21E of the Securities Trade Act of 1934, and the Non-public Securities Litigation Reform Act of 1995. Phrases equivalent to “Will”, “anticipate”, “consider” and comparable expressions are used to establish these forward-looking statements. Ahead-looking statements cope with present expectations and projections. All forward-looking statements are topic to recognized and unknown dangers, uncertainties and different necessary elements that will trigger precise outcomes to vary materially. It’s best to assess these forward-looking statements within the context of the dangers and uncertainties disclosed in Half I, level 1A, underneath the heading “Threat Elements”, in Hamilton Lane’s Annual Report on Type 10-Ok for the yr ended 31 March, 2020 and in its subsequent stories filed once in a while with the Securities and Trade Fee. The forward-looking statements included on this press launch are made solely as of the date hereof. We assume no obligation to replace or revise any forward-looking assertion on account of new info or future occasions, besides as in any other case required by legislation.
Previous efficiency is not any assure of future outcomes.
I Supply: McKinsey and Cerulli (2020)
ii Supply: Boston Consulting Group (2020 World Asset Administration report)
iii Supply: Preqin.com (June 2020)
iiii Supply: Hamilton Lane Knowledge, Bloomberg (January 2021)