Hamilton Lane and Guardian announce partnership
Investment manager Hamilton Lane and Guardian Life announced a long-term strategic partnership.
As part of the partnership, Hamilton Lane will manage Guardian’s existing private equity portfolio of nearly $5 billion. Guardian will also commit to invest approximately $500 million per year in private equity for the next 10 years through Hamilton Lane. This will include $250 million in seed capital for tactical new Evergreen initiatives to support the continued growth of Hamilton Lane’s Global Evergreen Platform. Guardian’s general account will gain more access to a much wider range of investment opportunities through Hamilton Lane’s industry-leading platform in a mix of primary, co-investment, and secondary market opportunities. To support the partnership’s shared goals of accelerating growth and driving value creation, Guardian will be granted equity warrants along with additional financial incentives.
Hamilton Lane will also partner with Guardian’s dually registered broker-dealer and registered investment adviser, Park Avenue Securities (PAS), to deliver investment solutions and provide strategic support and education to PAS clients. PAS has over 2,400 advisors, covering approximately $58.5 billion of client assets under management.
The partnership transaction is expected to close at the end of the fourth quarter of 2025. Guardian investment professionals currently supporting the private equity portfolio are expected to join Hamilton Lane after the transaction closes, expanding the firm’s expertise in the insurance sector.
“We are excited to announce this strategic and innovative partnership with Guardian, a firm that embodies our values of putting our clients’ needs first and long-term commitment to delivering high-quality solutions to those we serve. This partnership is a testament to the strength of our Insurance Solutions platform and the trust we’ve built with leading institutional investors.” – Erik Hirsch, Co-CEO at Hamilton Lane.
“We’ve been deliberate in building partnerships that align with our purpose and deliver meaningful value to our policyholders. Partnering with Hamilton Lane allows us to enhance our investment and wealth management capabilities while supporting the financial well-being of our customers and policyholders through innovative, long-term strategies.” – Andrew McMahon, Guardian Chairman and CEO.
