Hamilton Lane Wins Advisory Job With New York City Teachers

Jul 16 2010 | 5:57am ET

The Teachers’ Retirement System of the City of New York has hired private equity firm Hamilton Lane to serve as its consultant.

The Bala Cynwyd, Pa.-based firm takes over from PCG Asset Management, which remains the consultant for the Big Apple’s other four pension funds. It beat out two other firms, including Cliffwater, for the advisory mandate.

The $37 billion pension is reevaluating its private equity portfolio, Bloomberg News reports. The system currently has $2.5 billion invested in alternatives.

Hamilton Lane chairman Hartley Rogers worked with Lawrence Schloss, the Diamond Castle Holdings founder hired in January to help oversee the city pension funds.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...