September 27, 2019
The above chart shows how leverage multiples can dramatically impact the overall gross IRR of a deal: the highest IRR's come in deals with a 6x-8x leverage multiple (Acquisition Net Debt/EBITDA) the lowest volatility returns in deals come from investments made with a 4x-6x leverage multiple which is expected
September 24, 2019
We've revamped the deal level benchmarks in Cobalt LP to provide our clients with best-in-class access to Hamilton Lane's proprietary data. A sampling of the new deal level dataset... To learn more about the other features within Cobalt LP, click here.
September 16, 2019
By: Roderick Berry, Managing Director at Hamilton Lane In the investment world, the term “Unicorn” is widely understood to represent a privately-held company that has reached a billion-dollar valuation. In 2013, when venture capitalist Aileen Lee first coined the term, 39 such companies were in existence. However, as of June[...]
September 10, 2019
By: Mingchen Xia, Managing Director at Hamilton Lane and Shannon Chow, Principal at Hamilton Lane In 1991, the private markets landscape looked remarkably different than it does today. “Private equity” really just meant “buyout” and there were only a smattering of funds to choose from. Today, this asset class paints[...]
August 15, 2019
Cobalt Market Insights is just a sample of the intelligence that can be gained from the Market Analysis part of the Cobalt LP platform. Investors are using our comprehensive, accurate, and timely market data to drive portfolio construction and investment selection decisions.
July 24, 2019
Discover the most recent liquidity trends as seen in the private markets during the first half of 2019 in Hamilton Lane’s mid-year Market Overview.
July 19, 2019
The 20 largest funds raised each year have represented a larger portion of total private markets fundraising, but we are still off peak levels.