Hamilton Lane (Nasdaq: HLNE), a leading global private markets firm and Cynosure Partners (“Cynosure”), The Cynosure Group’s direct investments business, announces the closing (the “Transaction”) of a single-asset continuation vehicle (“Continuation Vehicle”) for Savant Capital Holdings, LLC (“Savant Wealth Management”, “Savant”, or the “Company”). Ten years after Cynosure’s initial investment in Savant, the Continuation Vehicle secured approximately $270 million in total commitments, providing a liquidity option to Cynosure’s original limited partners. Funds managed by Hamilton Lane served as the sole lead investor and only source of new outside capital. 

With over $57 billion in assets under management, Savant is one of the largest independent, fee-only registered investment advisors (“RIA”) in the United States. The Company offers end-to-end investment management and wealth advisory services – along with complementary tax, consulting, and related legal capabilities – for more than 25,000 clients across 70 offices. The Transaction represents Hamilton Lane’s latest investment in the RIA space, building on the firm’s extensive experience investing across the wealth management ecosystem.

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