Fintech
Hamilton Lane invests in fintech company Daphne Technologies
- As part of this partnership, Daphne has integrated with Cobalt, Hamilton Lane’s private markets data, analytics, forecasting and diligence platform
- Hamilton Lane currently has over $920 billion in assets under management, as of March 31, 2024
Hamilton Street has made an investment in Daphne Technologies, a New York and London-based platform that digitizes alternative assets. Financial terms were not disclosed.
Daphne was founded in 2022 by Apollo Global Management and Motive Create, the in-house innovation division of Motive Partners.
Regarding the transaction, Griffith Norville, head of technology solutions at Hamilton Lane, said in a statement: “Hamilton Lane is deeply committed to partnering with leading technology providers to create tools for investors seeking diversified portfolios and exposure to opportunities of value creation in private markets. We are excited to partner with Daphne as we seek to enable investors to access more timely, high-quality data to help power informed investment decisions.”
As part of this partnership, Daphne has integrated with Cobalt, Hamilton Lane’s private markets data, analytics, forecasting and diligence platform.
Headquartered in Conshohocken, Pennsylvania, Hamilton Lane has more than $920 billion in assets under management as of March 31, 2024.