Mike most recently headed the firm’s Research group, where his work informed portfolio construction, risk assessment and product structure across Hamilton Lane’s portfolios.
Prior to joining Hamilton Lane in 2008, Mike was a Principal at Capital Z Investment Partners, where he managed private equity investments in alternative asset managers. Previously, he worked in the Technology Investment Banking and Real Estate Investment Banking groups at Merrill Lynch.
Mike received a B.A. in Economics and Computer Science from Williams College.
Does investing in PE have to be this hard to get to?
Traditionally, the benefits of private equity investing have been enjoyed by long-term, well established, institutional investors with a dedicated presence in the asset class. That’s because the private markets have a high barrier to entry, they’re largely illiquid, and require teams of resources and expertise to make informed decisions. But, does it have to be that hard to get to?
Private Markets and the Menace of Volatility
For the last several years, the global financial markets have benefited from benign fundamentals, plentiful liquidity and rising asset prices. However, as of late, volatility has resurfaced and strategies designed to benefit from a low volatility bull market have been called into question. In this article, we analyze the relationship of volatility and buyout performance from prior cycles to see what it might tell us about this cycle.
In Review: FINDs Q3 2017
Each quarter, we analyze the data from our proprietary Hamilton Lane Fund Investment Database to review the patterns and trends taking place in the private markets. Head of Research, Mike Ryan, discusses our findings in this 1H 2017 recap.
Dealing with Currency Effects on Private Market Portfolios
“A dollar is just not worth what it used to be.” Often uttered in reference to movie tickets or penny candy, this phrase is equally true in the world of investments.
Today's Private Markets Portfolios Deserve a Better Public Benchmark
Hamilton Lane's Head of Research, Mike Ryan, takes a data-driven look at the public market equivalent (PME) benchmarking practices of private markets LPs, drawing the conclusion that many investors' private markets portfolios may have evolved beyond their stated benchmark.