Hamilton Lane announced a partnership with, and investment in, Daphne Technologies, a platform facilitating distribution of alternative assets and increased efficiency of the fundraising process. As part of this partnership, Daphne has integrated with Cobalt – Hamilton Lane’s proprietary private markets data, analytics, forecasting, and diligence platform. Daphne enables straight through data processing by which alternative asset managers can directly transmit fund information into Cobalt, greatly simplifying what has traditionally been a manual and painstaking process for both asset managers and their investors and channel partners. Daphne enables a direct digital connection between asset managers and their investors and channel partners.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLNE:
- Hamilton Lane price target raised to $122 from $120 at UBS
- Hamilton Lane Inc. at a Crossroads: Navigating the Risks and Competition of an AI-Driven Financial Landscape
- Hamilton Lane price target raised to $135 from $118 at Keefe Bruyette
- Hamilton Lane reports Q1 non-GAAP EPS $1.38, consensus $1.01
- HAMILTON LANE INCORPORATED REPORTS STRONG FOURTH FISCAL QUARTER AND FISCAL YEAR 2024 RESULTS, WITH MANAGEMENT AND ADVISORY FEES GROWING BY 22% AND ASSETS UNDER MANAGEMENT GROWING BY 11% YEAR-OVER-YEAR