Modern Slavery Statement

Financial Year Ended 31st March 2017


Hamilton Lane is committed to ensuring that acts of human trafficking and modern slavery form no part of its business or supply chains. Hamilton Lane acknowledges its responsibility under the Modern Slavery Act 2015 (the “Act” or “MSA”) and will take steps to seek to ensure transparency within its own organisation and with suppliers of goods and services with whom it contracts.

References in this statement to “Hamilton Lane,” “we” and “our” are references to Hamilton Lane Advisors and its subsidiaries.

Hamilton Lane Overview

Hamilton Lane was founded in 1991 in Philadelphia, Pennsylvania as a private equity advisory firm for large public pension plans. We focused almost exclusively on advisory mandates until 1998, when we gained our first separate account client and launched our first fund-of-funds. Since that time, we have expanded into managing discretionary private markets plans for institutional investors globally, through both separately managed accounts and commingled funds.

Hamilton Lane is a recognized leader in alternative asset management, serving some of the most sophisticated clients across the globe. As of 31st March 2017, we employ 296[1] employees in 14 offices around the world with approximately $41.8 billion in discretionary assets under management and have oversight of an additional $300.4 billion in advisory assets. We provide a wide array of discretionary and non-discretionary services tailored to address the needs of our clients, including strategic portfolio planning, due diligence, legal, monitoring and reporting, board presentations, performance analysis and benchmarking.

Hamilton Lane is headquartered in Philadelphia and has offices around the world, including: San Francisco, San Diego, New York, Fort Lauderdale, Las Vegas, London, Tel Aviv, Tokyo, Hong Kong, Seoul, Sydney, and Rio de Janeiro.

Hamilton Lane’s clients are principally institutional investors and financial institutions who manage pension funds, endowments, foundations, and other large investment portfolios in markets across the globe.

Hamilton Lane’s Key Policies

Hamilton Lane has adopted other relevant policies and procedures, which reinforce the firm’s fundamental values, including:

  • A Code of Ethics Policy, which describes the standards of behaviour expected from Hamilton Lane’s employees. All employees are required to certify that they have read and understood all of the provisions of our Code of Ethics;
  • A Whistleblowing Policy for the reporting of suspicious and illegal activity; and
  • A Hiring Policy, which provides that recruitment of employees, is by written agreement in accordance with local employment law.

Hamilton Lane’s Supply Chain

Hamilton Lane’s supply chain is relatively short and consists predominantly of the purchase of professional services (such as lawyers, accountants and other consultants) and business supplies (such as IT providers, office equipment, office maintenance services, and travel services). We regard providers of professional advice generally as presenting particularly low risk and believe, therefore, that there is a low overall risk of slavery or human trafficking in connection with our business and supply chain.

Hamilton Lane’s Policy on Modern Slavery and Human Trafficking

We are committed to ensuring that there is no modern slavery or human trafficking in any part of our business or our supply chains. We are committed to acting ethically and with integrity in all our business relationships and for this purpose, we regularly review the systems and controls we have in place to ensure that the risk of modern slavery and human trafficking in our business and supply chains is eliminated to the maximum possible extent.

Hamilton Lane’s Risk Assessment and Mitigation of Supply Chain Risk

We will seek to undertake over the next 12 months, the following steps as part of our efforts to eliminate slavery and human trafficking:

  • Review of the firm’s Business and Supply Chain: We plan to review our top suppliers paid in the last financial year and risk rank them for purposes of MSA analysis;
  • Due Diligence: We plan to include questions relating to MSA in due diligence and monitoring of suppliers;
  • On-boarding of Suppliers: We plan to include standard questions and representations relating to MSA concerns in future requests for proposal from suppliers;
  • Training: We plan to focus on raising internal awareness of the MSA requirements to all relevant employees; and
  • Communication: We plan to communicate with suppliers and employees to inform them of our obligations and expectations.

This statement is made in accordance with Section 54 (1) of the Modern Slavery Act 2015 of the United Kingdom and constitutes Hamilton Lane’s modern slavery and trafficking statement for the financial year commencing 1st April 2016 and ending 31st March 2017.

[1] The head count is as at 17th July 2017