Private Markets Giant Hamilton Lane Says Credit Fears Overblown

Hamilton Lane Inc. has an unusual perch in private markets. It advises on $860 billion in assets—screening, recommending and monitoring investments for institutions such as pension systems—and also manages $145 billion in funds and separate accounts. To that end, over three decades, Hamilton Lane has compiled metrics on more than 68,000 private equity, credit and other funds from more than 61 vintages, or starting years. And it has data on the operations of more than 178,000 portfolio companies.

Featured in the February/March issue of Bloomberg Markets. Illustration: Derek Abella for Bloomberg Markets

Photographer: Derek Abella

As a result, co-Chief Executive Officer Erik Hirsch has a broad and deep view into buyouts and private credit—at a moment ...