Hamilton Lane launches performance data tool

The private funds manager has partnered with Ipreo to launch the fund performance service, Private Market Connect.

Hamilton Lane, an alternative asset manager, has launched a fund performance data service for LPs and GPs.

Private Market Connect collects GP portfolio company data and gives a lifecycle view of investments to registered institutional LPs. Private Market Connect pairs Ipreo’s iLEVEL technology, in which the firm invested in 2012, with Hamilton Lane’s existing LP data management services.

iLEVEL’s investor base also includes Blackstone, Carlyle, Duff & Phelps, Swift River Investments and Egis Capital Partners.

This is the second private fund analysis platform Hamilton Lane has launched. It partnered with its portfolio company Bison to launch Cobalt last year.

Hamilton Lane tracks 4,400 unique funds and $3 trillion in private markets commitments managed by more than 1,200 GPs with its own database services.