Bala Cynwyd, Penn. – Hamilton Lane (NASDAQ: HLNE) announced it has once again partnered with Cristo Rey Philadelphia, an independent, Catholic, college preparatory school for students of all faiths who could not otherwise afford a private education.
As a job partner, Hamilton Lane today welcomes four students to its Bala Cynwyd headquarters as part of the Cristo Rey curriculum that combines rigorous academics with professional on-site work experience in the form of a work-study program. The students will work at Hamilton Lane one day per week throughout the 2017-2018 school year.
One of the primary goals of the work-study program is to help students develop lifelong skills and create professional networks that they can carry with them to and beyond college. As part of the partnership, Hamilton Lane has made a financial commitment to the school that funds 65 percent of each student’s tuition.
“This is an incredibly unique and important program, and we’re proud to be partnering with Cristo Rey for our second year. Our Diversity & Inclusion Council facilitated this partnership as part of our ongoing effort to help educate, encourage and support underserved or diverse populations who otherwise may not have the opportunity to learn about and experience the private markets,” said Mario Giannini, CEO of Hamilton Lane.
“Our partnerships with Hamilton Lane and other local companies are essential to ensuring that we’re able to offer the rewarding and unique work-study program as part of our curriculum each year,” said John McConnell, Founder and President of Cristo Rey Philadelphia. “We’re grateful for their support in helping to create a positive academic, social and financial experience for our students.”
The Cristo Rey partnership is the latest in the firm’s continuing efforts to support diversity-focused educational initiatives: This summer, Hamilton Lane’s Diversity & Inclusion Council also spearheaded a partnership with Girls Who Invest, a non-profit organization dedicated to increasing the number of women in portfolio management and executive leadership in the asset management industry. Earlier this year, Hamilton Lane hosted its inaugural Undergraduate Women’s Private Equity Summit, welcoming a select group of sophomore and junior women from several Philadelphia-area colleges and universities for a one-day educational and networking event. The Summit was hosted by the HL Women’s Exchange, a networking forum to bring Hamilton Lane women together to support their development and success.
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 26 years, the firm currently employs more than 290 professionals operating in offices throughout the U.S., Europe, Asia-Pacific, Latin America and the Middle East. With nearly $360 billion in total assets under management and supervision as of June 30, 2017, 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 www.hamiltonlane.com or follow Hamilton Lane on Twitter: @hamilton_lane.
About the Cristo Rey Network®
The Cristo Rey Network is the only network of high schools in the country that integrate four years of rigorous college preparatory academics with four years of professional work experience. Comprised of 32 Catholic, college preparatory schools that serve 10,933 students across 21 states and DC and collectively claim 11,508 graduates, the Cristo Rey Network delivers a powerful and innovative approach to inner-city education that strengthens the competence, confidence, and aspiration of students from economically-disadvantaged families and empowers them to transform their lives. From freshman year, Cristo Rey schools establish a culture of high-expectations by blending rigorous academic preparation, significant professional work experience through the Corporate Work Study Program, Catholic educational values, and support for students to and through college. Learn more at www.cristoreynetwork.org.