Northern Trust and Hamilton Lane Announce Strategic Collaboration to Provide Advanced Private Market Analytics and Decision Support
22 Outubro 2024 - 10:00AM
Business Wire
Hamilton Lane’s market leading analytics and
data will be available to help Northern Trust Asset Servicing
clients gain insight into their private market investments
Northern Trust (Nasdaq: NTRS) announced today that it has
entered into a strategic agreement with Hamilton Lane (Nasdaq:
HLNE), a leading global private markets investment management firm,
to provide its proprietary software Cobalt LP ® and integrated
services to Northern Trust Asset Servicing clients.
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the full release here:
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Under the agreement, Northern Trust will offer clients access to
Hamilton Lane’s private market data, analytics, and tools through
its suite of Northern Trust Total Portfolio Analytics solutions, an
ecosystem that comprises integrated technology and capabilities
across the entire investment lifecycle.
Hamilton Lane’s tech-enabled solutions available to asset
servicing clients will include Cobalt LP ®, which provides advanced
private market analytics and pre-commitment research capabilities
in a digital, turn-key format. In addition, Northern Trust clients
will be able to leverage Hamilton Lane’s underlying portfolio
company data service which includes the tracking of core portfolio
company metrics, company fundamentals and asset class specific
metrics across clients’ private markets portfolios.
“As our global clients maintain significant exposure to private
markets, their need for sophisticated analytics continues to
increase,” said Melanie Pickett, Head of Asset Owners, Americas and
Global Total Portfolio Solutions at Northern Trust. “We are proud
to offer a full front-to-back office decision-making solution
featuring Hamilton Lane’s front office analytics combined with our
core Front Office Solutions investment book of record (IBOR)
support.”
Hamilton Lane’s Cobalt LP ® platform includes a suite of tools
and services expertly designed to meet the strategic objectives and
complex investment goals of private market investors.
“At Hamilton Lane, our Cobalt LP ® platform and integrated
services are designed to help asset allocators make informed
decisions with greater confidence, precision and insight,” said
Griffith Norville, Head of Technology Solutions at Hamilton Lane.
“Through this exciting collaboration, we seek to deliver a new
level of transparency and timeliness to Northern Trust client
portfolios."
Northern Trust has had an unwavering and longstanding commitment
to the asset owner space for many decades. The goal within the
asset owner segment is to empower the missions of its clients,
helping them to maximize investment returns so that they may then
serve their constituents, their communities and the world.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private
markets investment firms globally, providing innovative solutions
to institutional and private wealth investors around the world.
Dedicated exclusively to private markets investing for more than 30
years, the firm currently employs approximately 700 professionals
operating in offices throughout North America, Europe, Asia Pacific
and the Middle East. Hamilton Lane has more than $940 billion in
assets under management and supervision, composed of nearly $130
billion in discretionary assets and more than $810 billion in
non-discretionary assets, as of June 30, 2024. Hamilton Lane
specializes in building flexible investment programs that provide
clients access to the full spectrum of private markets strategies,
sectors and geographies. For more information, please visit our
website or follow Hamilton Lane on LinkedIn.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has a global presence
with offices in 24 U.S. states and Washington, D.C., and across 22
locations in Canada, Europe, the Middle East and the Asia-Pacific
region. As of June 30, 2024, Northern Trust had assets under
custody/administration of US$16.6 trillion, and assets under
management of US$1.5 trillion. For more than 130 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit us on
northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust
or Northern Trust Corporation on LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at https://www.northerntrust.com/terms-and-conditions.
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version on businesswire.com: https://www.businesswire.com/news/home/20241015608800/en/
Media Contacts Europe, Middle East,
Africa & Asia-Pacific:
Camilla Greene +44 (0) 20 7982 2176 Camilla_Greene@ntrs.com
Simon Ansell + 44 (0) 20 7982 1016 Simon_Ansell@ntrs.com
US & Canada:
John O’Connell +1 312 444 2388 John_O’Connell@ntrs.com
Tia Wilson twilson@hamiltonlane.com +1 484 816 6982
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