Hamilton Lane Advisors LLC (Bala Cynwyd)


Hamilton Lane Advisors LLC is a large advisory firm based in Bala Cynwyd. It manages $483.79 billion of regulatory assets for 260 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Nevada, and 3 other states.

Hamilton Lane Advisors provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hamilton Lane Advisors: assets under management

The assets under management (AUM) of Hamilton Lane Advisors LLC is $483.79 billion. The firm's AUM has grown by 4444% since the beginning of its operation, and $234.37 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $61.32 billion in discretionary accounts and $422.48 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $385.66 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.18 billion.

Investments

The firm invests in pooled investment vehicles the most. They account for 92% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 8% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hamilton Lane Advisors LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ormond Griffith Sexton serves?

The firm provides services to insurance companies, charitable organizations, other investment advisers, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Ormond Griffith Sexton is state or municipal government entities with 47 clients and $221.7 billion of assets under management. Among the 12 most similar advisory firms, Hamilton Lane Advisors has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $476.54 billion for 234 clients. 37% of the firm’s clients are foreign persons or businesses.

Hamilton Lane Advisors also advises several private funds. Namely, two hundred sixty two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.

Careers at Hamilton Lane Advisors LLC

The company employs 356 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 12 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Ormond Griffith Sexton has been acting as President since 1 Dec 2003. Frederick Ward Charlton Shaw joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Leslie Adolphe Brun Chairman and ceo, director 1 May 1991 Other 1389297
Kelly Anne Moylan Principal and director 1 May 1991 Other 4367460
Mario Lucio Giannini Chief executive officer and director 1 Jul 1994 Other 4367419
Randy M. Stilman Chief financial officer 1 Aug 1997 Other 4369504
James Paul Bagley Director 1 Jul 1998 Other 10037
Thompson Hertzog Rogers Director 1 Jul 1998 Other 2589811
Hamilton Lane Advisors Inc Member 1 Jun 2000 Other 105988
Robert W. Cleveland Chief legal officer/chief compliance officer 1 Nov 2000 Other 4369511
Winnette Duke Degrassi President 1 May 2002 Other 1483257
Hartley Raymond Rogers Chairman and director 1 Dec 2003 Other 1515783
Ormond Griffith Sexton Director 1 Dec 2003 Other 816770
Llc Hla Investments Member 1 Dec 2003 50% - 75% 20-0111516
Martin S. Nelson Director 1 Dec 2003 Other 4741227
Hl Management Investors Llc Member 1 Apr 2006 25% - 50% 52-2419079
Kevin Joseph Lucey Chief operations officer 1 Jan 2007 Other 2074845
Patrick M Martinell Director 1 May 2007 Other 3239559
Michael Larson Director 1 Oct 2008 Other 2245931
Alan Cletus Heuberger Director 1 Dec 2011 Other 6040727
Erik Hirsch Chief investment officer and director 1 May 2013 Other 6360335
Hamilton Lane Inc Managing member 1 Mar 2017 25% - 50% 26-2482738
Frederick Ward Charlton Shaw Chief compliance officer 1 Apr 2017 Other 3213116
Lydia Gavalis General counsel 1 Apr 2017 Other 4868555

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
William H. Gates Member 1 Apr 1995 75% - 100% 4741235
L.L.C. Cascade Investment Member 1 Dec 2003 25% - 50% xxx-xx-xxxx
Llc Hrhla Member 1 Dec 2003 25% - 50% 20-0412582
Mario Lucio Giannini Shareholder 1 Apr 2006 75% - 100% 4367419
Hartley Rogers 2008 Grat Member 1 Dec 2008 25% - 50% xxx-xx-xxxx

Based in Bala Cynwyd

The principal office where Hamilton Lane Advisors LLC performs its advisory services is located at One Presidential Boulevard, 4 Th Floor, Bala Cynwyd, PA 19004, which is also the mailing address of the firm. An additional office of the firm is in Las Vegas, NV. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-934-2222 or by fax 610-617-9853. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at hamiltonlane.com/.