Why Hamilton Lane: Interviews, Careers, & Portfolio

Hamilton Lane Overview

Hamilton Lane is an alternative investment management and advisory firm based in Conshohocken, Pennsylvania, USA with additional offices in Asia-Pacific, the Middle East, Europe, and North America.

Most of the Hamliton’s transactions involve providing advisory services to its clients by developing and implementing their private markets investment strategies. However, Hamilton also makes direct investments in asset classes such as private equity, real assets, private credit, and fund of funds.

In 2020, Preqin ranked Hamilton Lane as the 3rd largest fund of funds worldwide.

Leslie Brun founded Hamilton Lane in 1991. The firm was originally established as a private equity advisory firm for public pension plans.

In March 2017, Hamilton Lane had its initial public offering and was listed on NASDAQ as “HLNE” and raised $200 million. The firm was priced at $16 on its debut and was able to close 12.6% at the end of its first day of trading.

Hamilton Lane AUM

According to the most recent regulatory filings, Hamilton Lane has $901.5 BB in assets under management as of January 13, 2023.

Hamilton Lane Interview Process & Questions

Firms may decide to tweak their interview process with each candidate. However, you’ll find that the general nature of the interview stays the same. When you interview at Hamilton Lane, you can expect:

• 4 to 6 rounds of interviews
• For the initial rounds, the junior professionals will be in charge of the interview. For the later part, the senior staff take over.
• Entire process typically lasts for several weeks – except for on-cycle or on-campus recruiting

The interview questions will be a combination of behavioral, fit, and investing questions so make sure to prepare for that.

My Growth Equity Interview Guide is an excellent resource in case you need help preparing for interviews.

Why Hamilton Lane

“Why this firm?” almost always shows up during interviews – and also one of the most critical questions you have to answer.

If you’ve done networking to get connected with the firm’s employees, this is the right time to mention whoever you’ve met and how their experiences have positively influenced your decision to apply.

You can also try listening to interviews with the firm’s founders, portfolio companies, and key personnels to come up with relevant answers.

For starters, here’s an interview with Hartley Rogers, Chairman at Hamilton Lane:

More Interviews

• Discussion with Andrew Schardt, Vice Chairman, Head of Investment Strategy and Head of Direct Equity Investments at Hamilton Lane
• Interview with Andrea Kramer, Chief Operating Officer at Hamilton Lane

Hamilton Lane Case Study

Communication skills and technical knowledge are two important factors that investment firms like Hamilton Lane consider when selecting the right candidate. They often use case study to evaluate these traits.

Most case studies will have you perform financial modeling and provide investment recommendations. However, cold calling case study may also be included if you’re applying for junior roles.

You can find more case study resources inside my Growth Equity Interview Guide.

Hamilton Lane Salary & Compensation

As per Glassdoor, analysts at Hamilton Lane have earned salaries of $111,462 per year, while associates have an estimated total pay of $139,762 per year. Figures may vary depending on many factors like experience, location, and education.

Analyst

Associate

Hamilton Lane Careers, Jobs, & Internships

Visit our job board if you’re looking for open roles at Hamilton Lane or other similar firms.

Hamilton Lane Portfolio & Investments

According to Crunchbase, Hamilton Lane has made 48 investments across 23 funds. Some of their notable deals include Novata, HazelTree, and StashAway.

Notable Transaction: CAIS

CAIS brings together experienced leaders from the independent wealth management community and alternative investment industry to modernize how independent advisors gain access, learn, and transact alternative investments.

In June 2022, CAIS announced that they received a strategic investment from Hamilton Lane (NASDAQ: HLNE), which resulted in CAIS valuation to exceed $1.1 billion. The terms of the investment were not disclosed.

Hamilton is the latest firm in a series of CAIS investors that participated in the most recent funding – including Stone Point Ventures, Reverence Capital Partners, Franklin Templeton, Motive Partners, and Apollo.

The capital helps CAIS to expand their global team, develop new tech, improve customer experience, and automate back-end processes for fund managers and financial advisors.

Next Steps

If you decide to send your application and build your investing career at Hamilton Lane, I would highly recommend that you check out my Growth Equity Interview Guide first before attending interviews.

Growth Equity Interview Guide helps professionals get a good grasp of topics that are typically covered during interviews such as financial modeling, case studies, and more. Check it out and start learning today!