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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...