Hamilton Lane, a private equity asset management firm, has acquired Shott Capital Management (SCM), a provider of private equity and distribution management services for institutional investors, including major public and private pension plans, foundations, endowments, and other financial institutions.
The firm has offices in San Francisco and Boston.
With the acquisition, Hamilton Lane will continue to provide investment services to SCM’s institutional private equity clients.
The acquisition of SCM will also allow Hamilton Lane to assist actively with the management, processing and disposition of newly-public portfolio company securities, thereby providing more sophisticated stock distribution management as an ancillary offering to its clients.
"We are excited by the opportunity not only to acquire new talent and additional capabilities, but also to provide high-quality private equity management to new clients," says Hamilton Lane chief executive Mario Giannini (pictured). "The addition of Shott Capital Management’s robust distribution management capabilities complements our portfolio monitoring and reporting services, and is a natural extension of our current product offering. This newly combined platform will benefit both our new and existing clients and further enhance the Hamilton Lane client experience."
