HLNE Hamilton Lane Incorporated Class A

Hamilton Lane Appoints Chief Technology Officer

Hamilton Lane Appoints Chief Technology Officer

BALA CYNWYD, Penn., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Leading private markets asset management firm Hamilton Lane (NASDAQ: HLNE) today announced the appointment of Niki Mangos as its Chief Technology Officer, based in the firm’s Bala Cynwyd headquarters.

Prior to Hamilton Lane, Mangos was Chief Information Officer (CIO) at Brandywine Global Investment Management, CIO for the Individual Products Distribution Division at Guardian Life, and a member of the Technology leadership team at Goldman Sachs Asset Management, among other roles.

“Hamilton Lane prides itself on our long history of embracing, and investing meaningfully in, technology and data – all with an eye towards delivering strong investment returns and an excellent client experience.  The addition of Niki, to our already strong team of internal technologists and data experts, further strengthens our platform,” said Erik Hirsch, Vice Chairman and Head of Strategic Initiatives.

Mangos commented: “Hamilton Lane has become a firm with a strong reputation for embracing technology and is a desired home for seasoned technology leaders. It’s great to be joining during an exciting period of growth and evolution, and I look forward to supporting the firm in its continued commitment to providing innovative, technology-forward solutions to enable clients to better assess, track and invest in the private markets.”

Mangos joins Hamilton Lane as Olin Honore, Head of Information Technology, shifts his focus to facilities management as the firm readies its move to a new corporate headquarters building. Mangos is the most recent in a number of appointments of senior female professionals at Hamilton Lane. As of June 30, overall women comprise 35 percent of senior leadership roles and about 40 percent of the firm’s total employee base.

About Hamilton Lane

Hamilton Lane (NASDAQ: HLNE) is a leading alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. Dedicated to private markets investing for 28 years, the firm currently employs approximately 375 professionals operating in offices throughout North America, Europe, Asia-Pacific, Latin America and the Middle East. With approximately $473 billion in total assets under management and supervision as of June 30, 2019, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. For more information, please visit or follow Hamilton Lane on Twitter: @hamilton_lane.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to our ability to manage growth, fund performance, changes in our regulatory environment and tax status; market conditions generally; our ability to access suitable investment opportunities for our clients; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; defaults by clients and third-party investors on their obligations to us; our ability to comply with investment guidelines set by our clients; and our ability to receive distributions from Hamilton Lane Advisors, L.L.C. to fund our payment of dividends, taxes and other expenses.

The foregoing list of factors is not exhaustive.  For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the “Risk Factors” detailed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2019 and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.

Media Contact

Kate McGann



 

Investor Contact

John Oh



EN
16/09/2019

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