Private markets investment manager Hamilton Lane has been selected by The Guardian Life Insurance Company of America to manage an existing portfolio of private equity investment valued at $5bn, according to a report by Bloomberg.
Under the terms of the strategic partnership, Guardian will commit about $500m per year to private equity investments through Hamilton Lane over a 10-year period. The framework also includes $250m in seed capital for Hamilton Lane’s Evergreen platform.
As part of the agreement, Hamilton Lane will also collaborate with Guardian’s broker-dealer arm, Park Avenue Securities, which oversees roughly $58.5bn in assets across a network of 2,400 financial advisers.
The arrangement is expected to close by the end of Q4 2025 and reinforces Hamilton Lane’s position in delivering customised private equity solutions for large institutional sponsors.
