Globally diversified platform targeting the SMID market with unique positioning
Our direct equity investment strategy leverages the benefits of the Hamilton Lane platform and market access, aiming to execute high-quality direct equity investments and construct portfolios positioned to deliver compelling returns for our investors. The strategy is primarily focused on making direct equity investments in companies with small- to mid-sized enterprise values. By diversifying our investments, we seek to minimize market risks associated with over-exposure to a single general partner, geography, industry or deal type or size. Our objective is to maximize the multiple of invested capital as well as the IRR for each of the direct equity investments.
- Leverage Hamilton Lane's extensive platform to drive unique and differentiated deal flow and access for our investors
- Provide access to direct equity/ co-investments at preferential fees and terms versus traditional buyout funds
- Focus on small- and mid-sized investments, with an average of nearly 71% of investments co-underwritten or with proprietary access since 2014*
Deal Spotlights
Monday.com
Who they are
A cloud-based platform that provides enterprise and workflow management software
The bottom line
Monday.com went public in June 2021 and has benefited from industry trends in digital expansion resulting in strong financial growth; all of which has benefited our investors after we fully liquidated our public position across our flagship products in June 2023.
Principal Megan Milne dives deeper into the HL advantage in this deal spotlight video.
Direct ChassisLink (DCLI)
Who they are
DCLI is the leading North American leasing provider of marine and domestic chassis to the global intermodal supply chain.
Why it matters
In December 2022, the sponsor sold the company to a strategic consortium of buyers, resulting in a significant distribution for Hamilton Lane.
The bottom line
DCLI benefitted from a strong financial profile including long-term contracts and a flexible cost structure, and the sponsor was able to structure an attractive deal with downside protection.The HL advantage
As a strategic partner to the sponsor, Hamilton Lane received advantaged access to make a significant investment.Howden Group
Who they are
A leading global provider of air and gas handling solutions that drives enhanced safety, efficiency and environmental sustainability across a broad range of industrial markets.Why it matters
In November 2022, the sponsor signed a definitive agreement to sell the company to a strategic buyer. As a result, the partnership should receive a significant distribution.The bottom line
Howden Group was a highly complex carve-out transaction, which the sponsor was able to successfully stand up as an independent company.The HL advantage
As a strategic partner to the sponsor, Hamilton Lane received proprietary access to make a significant investment.Leveraging our database of over 20,100+ funds and 140,400+ private companies
Our data advantage is a key differentiator and allows the Direct Equity Investment Team to access an abundance of investment opportunities and information advantages throughout the investment lifecycle, from diligence to allocation to monitoring and reporting. We leverage our firm’s capabilities and in-depth knowledge of the private markets, as well as our significant technological reporting and analytical capabilities, to better understand the value drivers within a given investment and ultimately strive to generate compelling returns for our investors.