Strategies Emerging Manager & Diverse-led Investments

Early access and introductions to best-in-class emerging and diverse-led managers across primary funds and co-investment transactions

Our Emerging Manager and Diverse-led Investments platform can provide early access to our top selection of rising fund managers and investment teams. The depth of our global platform coupled with our powerful technology solutions and information advantage enable us to allocate capital to managers we believe are top-tier, next-generation strategic firms. Our tactical long-term partnership strategy and solutions across primary funds and co-investment transactions are designed to capture the inherent diversification and attractive risk-adjusted returns that top-performing emerging and diverse-led managers can provide.

  • Extensive experience connecting and growing long-term relationships, having committed over $1.1B across 40 transactions alongside Emerging Managers1
  • Highly selective, tactical and disciplined approach to portfolio construction aimed at generating top-quartile performance and accelerating equity
  • Leveraging technology solutions that drive informed decisions and provide advantages in tracking and reporting on social and governance metrics at the fund and portfolio company levels

$65.0B+

Assets Under Management & Supervision2

$38.8B+

Committed to Emerging and Diverse-led primary fund investments over the past 10 years3

1600+

Meetings with Emerging and Diverse-led Managers over the past five years4

1Committed via Hamilton Lane’s Direct Equity and Impact platforms since 2008.
2Inclusive of $9.4B and $3.4B in assets under management and $45.7 and $6.5 in assets under supervision for Diverse-led Managers and Emerging Managers, respectively.
3Inclusive of $8.2B and $1.9B in discretionary capital committed and $25.0B and $3.7B in advisory capital committed for Diverse-led Managers and Emerging Managers, respectively, for the period of 2014-2023.
4For the period of 2019-2023.

All data as of 12/31/2023 unless otherwise noted.
Emerging Manager is defined as a manager that has raised no more than three comingled private market funds or >$2B per fund.

A manager is considered diverse if there is 25% diversity in 2 of the 4 categories of: Ownership Level, Investment Committee, Carried Interest or Investment Team. Diversity classification is based on data provided at the time of the investment.

Deal Spotlights

iQor

Who they are

A business process outsourcing provider, primarily focused on voice-based customer care.

The bottom line

The Company has developed a strong book of F500 customers across its 20+ year history and has demonstrated resilience across multiple cycles. Mill Point has identified several achievable organic growth and M&A initiatives, as iQor is positioned as an acquirer of choice. The complex transaction dynamics and overstated impact of GenAI led to an attractive entry price for Mill Point, which will look to implement a tried-and-true value creation plan to grow the company’s leadership position.

The HL advantage

We received unique access to the opportunity through an existing and developing relationship with the Sponsor.

USI Insurance Services

Who They Are

A provider of insurance brokerage services to middle-market clients across the property and casualty, employee benefits, personal lines, retirement and specialty lines of business.

Why It Matters

USI is the 10th largest U.S. insurance broker (and top 15 globally), servicing an expansive middle-market buyer universe that relies heavily on brokers to navigate coverage options and avoid potential catastrophic risks associated with poor or no coverage.

The HL Advantage

We were provided access to a direct equity co-investment alongside a new diverse-led GP emerging from a heralded and historical top-tier investor with whom we have a long-standing relationship.

Reich Tang

Who they are

Leading financial services provider of balance sheet and liquidity solutions to banks, broker-dealers, trust advisers and other financial intermediaries

Why it matters

The company has scaled and succeeded in an industry with high barriers to entry through creation of a hard-to-replicate bank network, offering a suite of tech-enabled solutions to manage and fund cash requirements, which ultimately facilitate stability and efficient cash movement within the U.S. banking industry.

The HL advantage

We received early access to this direct equity co-investment alongside an emerging and diverse-led GP and was involved as a strategic partner prior to deal exclusivity.

Read our take on the current Emerging Manager landscape
Our global platform, information advantage and deep industry relationships have positioned us as one of the top allocators of capital and a respected strategic partner to emerging and diverse-led managers. We aim to create access for our clients to top-tier, next-generation managers and deal opportunities while delivering compelling risk-adjusted returns.
Katie Moore
Managing Director, Fund Investment & Managed Solutions

Technology facilitates enhanced deal selection, tactical portfolio construction and social and governance metric tracking

We believe that technology not only enables us to achieve better investment outcomes, but also supports our objective of generating compelling returns. Our technology solutions promote an enhanced client experience characterized by insight, convenience and transparency. Using these advanced solutions, we aim to provide investors with key social and governance metrics respective to each investment.

2024
North American LP of the Year
Kerrine Koh, 2023
PEI Women of Influence in Private Markets
Jackie Rantanen, 2023
WSJ Women to Watch
Nina Kraus, 2023
40 under 40: Future Leaders of Private Equity

Katie Moore, 2021
ThinkAdvisor LUMINARIES
Limor Beker, 2021
50 Most Influential Women in Israel
2020
Private Equity Women Investor Network International LP of the Year
Katie Moore, 2020
Future 40 Diversity and Inclusion Leaders
Limor Beker, 2019
50 Most Influential Female Leaders

Recent Content

Podcast | 30 Min Listen

Connecting Emerging Managers to Core Portfolios

Head of Emerging & Diverse Manager Platform Katie Moore discusses the importance of investing in emerging managers, and how it is built into our firm's DNA.

Listen to the Podcast
Insights | 8 Min Read

Breaking Barriers: The Rise and Staying Power of Emerging Managers

Head of Emerging & Diverse Manager Platform Katie Moore discusses the evolution of investing in emerging managers, their importance to the private markets ecosystem and how it is built into our firm's DNA.

Read the Research Article
News | 3 Min Read

Hamilton Lane to Manage Private Equity Future Initiative for Massachusetts PRIM, a Program Designed to Help Remove Barriers to Investment for Diverse Managers

Hamilton Lane announced today it will serve as the private equity manager for the Future Initiative, a program approved by the Massachusetts Pension Reserves Investment Management Board (“PRIM”) on December 2, 2021.

Read the Press Release

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