Hamilton Lane Acquires Shott Capital

  • Services for public stock distribution
  • Ancillary offering to LP clients
  • New clients in addition to services

Fund adviser Hamilton Lane plans to expand its stock distribution services through its acquisition of Shott Capital Management, a San Francisco-based investment manager.

“The addition of Shott Capital Management’s robust distribution management capabilities complements our portfolio monitoring and reporting services, and is a natural extension of our current product offering,” said Mario Giannini, Hamilton Lane’s CEO, in the press release announcing the acquisition. In addition to its portfolio and staff, Hamilton Lane also adds Schott Capital Management’s roster of clients, Giannini said.

Shott Capital Management, founded in 1991, manages public securities of post-venture capital companies and is an investor in private equity on a discretionary separate account basis for institutional investors, according to the firm’s LinkedIn profile. The firm provides private equity and distribution management services for institutional investors, including major public and private pension plans, foundations, endowments and other financial institutions, according to Hamilton Lane’s press release. The firm has an office in Boston in addition to its San Francisco headquarters.

The acquisition will allow Hamilton Lane to assist actively with the management, processing and disposition of newly public portfolio company securities, providing more sophisticated stock distribution management as an ancillary offering to its clients, the firm said. Hamilton Lane, a private equity adviser and fund of funds manager based in Bala Cynwyd, Pa., provides discretionary and non-discretionary private equity asset management services. Founded in 1991, Hamilton Lane has more than $171 billion in assets under management and supervision.