Press Releases

Hamilton Lane Expands Presence in North America, Hiring Mike Woollatt to Lead New Toronto Office

Expansion Driven in Part by Firm’s Participation in Canada’s Venture Capital Catalyst Initiative

BALA CYNWYD, Pa., April 16, 2019 (GLOBE NEWSWIRE) -- Hamilton Lane (NASDAQ: HLNE) announced today that it has officially expanded its presence in North America, opening an office in Toronto, Canada. Mike Woollatt, who joined the firm as a Principal on the Co-Investment and Fund Investment teams, will lead the office, which represents the firm’s 16th location worldwide.

In 2018, Hamilton Lane was selected as one of the managers for the first stream of the Government of Canada’s Venture Capital Catalyst Initiative (VCCI). The Government of Canada, through the Business Development Bank of Canada, created the VCCI to increase the availability of late-stage venture capital in the country. Part of the mandate will also focus on enhancing diversity and increasing the participation of women across the venture capital ecosystem. Woollatt will lead this program on behalf of Hamilton Lane.  

Woollatt has more than 20 years of professional experience, including as the CEO of the Canadian Venture Capital and Private Equity Association (CVCA) from 2014 to 2018. Most recently, he was the Director of Strategic Partnerships at OMERS. He has also held a number of portfolio management, economic advisory and consulting roles, many directly or indirectly in support of the Government of Canada. Woollatt earned a B.A. in Economics and M.A. in Economics from the University of British Columbia.

“Canada is home both to sophisticated institutions and investors with a deep understanding of and appreciation for the private markets, as well as to a dynamic and exciting start-up community,” said Mario Giannini, CEO of Hamilton Lane. “Hamilton Lane has been managing venture programs across North America for nearly two decades; beyond that, we have one of the longest track records in managing targeted investment programs around the world. With Mike on board, we believe we’re well-suited to assist the Government of Canada in this important initiative.”

“Canada is a global leader in innovation and we believe it is an undercapitalized market with a lot of opportunity, particularly in the venture and growth space,” said Woollatt. “Hamilton Lane has a differentiated platform plus the experience and track record in executing several targeted investment programs, which positions us well to be able to take advantage of the great opportunities this market has to offer.”

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 27 years, the firm currently employs 360 professionals operating in offices throughout North America, Europe, Asia-Pacific, Latin America and the Middle East. With approximately $469 billion in total assets under management and supervision as of December 31, 2018, 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 or follow Hamilton Lane on Twitter: @hamilton_lane.

Forward-Looking Statements
Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “continue” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different. You should evaluate all forward-looking statements in the context of the risks and uncertainties disclosed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2018 under the heading “Risk Factors” and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.

Media Contact
Kate McGann
+1 212 752 7853

Investor Contact
Karen Greene
+1 484 439 4657


Source: Hamilton Lane Incorporated