Bloomberg has announced the addition of Hamilton Lane’s (Nasdaq: HLNE) suite of 20 private market closed-end fund performance indices to the Bloomberg Terminal and Data License, writing that this provides investors with new data and analytical tools to evaluate and compare performance.
The firm writes that selecting Bloomberg as a distribution channel marks a significant step in making Hamilton Lane benchmarks broadly available to the investment community, expanding access to data and driving even greater transparency across the asset class.
As one of the largest private markets investment firms globally, with USD986 billion in assets under management and supervision, Hamilton Lane writes that it builds on decades of proprietary fund and deal-level data to develop aggregated and anonymised LP cash flow–driven indices. The collection of indices, covering more than 7,000 funds, is now available on the Bloomberg Terminal with a subset available to mutual clients.
The firm writes that these indices offer investors:
Depth of data – Investors can benchmark performance of individual funds or portfolios of funds, using historical data dating back to 2000, derived from LP cash flows. This enables detailed analysis of a wide range of strategies and sub-strategies.
Comprehensive coverage – Covers all major private markets asset classes around the world, including closed-end private equity, private credit, private real assets, as well as fund-of-funds, secondary, and co-investment funds.
Performance at a glance – Index-level returns are available on a quarterly basis to support ongoing analysis and benchmarking.
Extended analysis – Complements indices available within Bloomberg’s private fund database, which show private markets performance and underlying strategies.
Interoperability – Linked to Financial Instrument Global Identifiers (FIGIs), the open standard owned by the Object Management Group, enabling easier integration into portfolio and risk sys
Data at scale – Readily available on the Bloomberg Terminal or via Bloomberg Data License for scalable enterprise-wide use, helping to streamline data operations across public and private investments strategies.
“A growing set of investors are seeking greater clarity into private markets, and access to high-quality data is the key to unlocking it,” says Griff Norville, Head of Technology Solutions at Hamilton Lane. “By making our indices available on Bloomberg, we are delivering a transparent, standardised view of private markets performance that helps investors analyse strategies, benchmark results, and make better-informed investment decisions, all within their existing workflow.”
“Hamilton Lane’s indices are a strong complement to Bloomberg’s private markets offering, expanding the depth of performance data available to our clients,” says Brad Foster, Head of Fixed Income & Private Markets at Bloomberg. “As investors look for meaningful ways to evaluate and compare private market strategies, we are focused on providing the indices and tools they use to benchmark performance, structure portfolios, and measure themselves against peers with confidence. We are pleased to extend our work with Hamilton Lane and look forward to continued collaboration.”
