BALA CYNWYD, Pa., July 17, 2017 (GLOBE NEWSWIRE) -- Hamilton Lane (NASDAQ:HLNE) today announced its strategic 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.
In an effort spearheaded in part by Hamilton Lane’s Diversity & Inclusion Council, the firm has made a financial commitment to Girls Who Invest, and has brought on two undergraduate students to work on its Fund Investment Team for the summer.
“The presence of female investment managers is actually decreasing, and yet research shows that diverse teams are better equipped to help investors realize their goals,” said Andrea Kramer, Global Head of Fund Investments at Hamilton Lane. “By providing young women with access to a rigorous educational program, a hands-on internship experience and a supportive community, Girls Who Invest and Hamilton Lane can help inspire and empower the next generation of young women to become tomorrow’s leading investors.”
“We’re excited to partner with Girls Who Invest to help create a pipeline of talented young women and raise awareness among asset management firms of how gender diversity can better serve investors,” said Mario Giannini, CEO of Hamilton Lane. “We continually strive to participate in the dialogue and educate young women about the private markets in a variety of ways, including through strategic partnerships like this, as well as the HL Women’s Exchange group and our recent Undergraduate Women’s Private Equity Summit.”
Girls Who Invest aims to see 30 percent of the world's investable capital managed by women by 2030. By the end of the summer, Girls Who Invest will have empowered 382 young women, sending a total of 90 through its flagship 10-week summer intensive program at the University of Pennsylvania and another 292 through two additional programs. Next year the organization plans to expand its reach even more.
“Together with sponsors like Hamilton Lane, we are making a meaningful contribution to the industry, to investors everywhere, and to the careers of these young women,” said Kathleen Powers Dunlap, CEO of Girls Who Invest.
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 25 years, the firm currently employs more than 290 professionals operating in offices throughout the U.S., Europe, Asia, Latin America and the Middle East. With more than $342 billion in total assets under management and supervision as of March 31, 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 Girls Who Invest
Girls Who Invest is a non-profit organization founded in April 2015 dedicated to inspiring and empowering young women to pursue careers in asset management -- a field challenged by a lack of diversity. We are committed to changing this imbalance. Our goal is to see 30% of the world’s investible capital managed by women by 2030. Our approach is simple and practical: create a pipeline of talented, motivated young women through an intensive educational program, a meaningful paid internship experience and a robust ongoing community. For more information, visit www.girlswhoinvest.org.