BOSTON, Dec. 1, 2016 /PRNewswire/ -- Bison (Boston Illiquid Securities Offering Network, Inc.), an innovative technology company, today announced an enhancement to Cobalt GP with the addition of comprehensive, industry-leading performance data from Hamilton Lane, a global private markets asset management firm and lead investor in Bison.
Bison and Hamilton Lane recently announced the launch of Cobalt, which provides the private markets industry with in-depth data plus real analytics through two unique products built for both limited partners and general partners. The addition of Hamilton Lane's performance data to Bison's transparent and rich data set delivers to GPs an even clearer picture of their firm and fund within the investable universe.
Hamilton Lane's performance data set, which encompasses $3.6 trillion in fund commitments, 39 vintage years, 3,200 funds and 1,200 general partners, is one of the most expansive and accurate in the industry. The data is already available on the Cobalt LP platform, which is distributed by Hamilton Lane, and will now also be available on Bison's Cobalt GP platform.
"Cobalt is the only software platform in the industry that features access to Hamilton Lane's unparalleled data set," said Rasmus Goksor, CEO and co-founder of Bison. "Cobalt is an invaluable tool for GPs who want to see themselves through the lens of the LP – especially now, with the new layer of insight and analysis from Hamilton Lane's performance data."
"Hamilton Lane is committed to empowering industry practitioners with breakthrough technologies, enhanced data transparency and more robust analytics," said Erik Hirsch, Vice Chairman of Hamilton Lane. "Our performance data enables users to evaluate trends within the PE landscape, as well as the broader macro environment, to better position themselves for success in this asset class."
Founded in 2011, Bison is a fast-growing company that develops innovative technology for private markets. With roots in solving complex challenges for private equity and venture capital, Bison's mission is to use the power of nimble technology and transparent data to bring unmatched software solutions to the market. Headquartered in Boston, MA, Bison serves a roster of some of the industry's leading private equity firms and investors, including large buyout and venture capital firms, leading endowments and foundations, as well as private and public pensions. www.bison.co.
About Hamilton Lane
Hamilton Lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. Dedicated to private markets investing for 25 years, the firm currently employs more than 285 professionals operating in offices throughout the U.S., Europe, Asia, Latin America and the Middle East. With more than $314 billion in total assets under management and supervision1, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. www.hamiltonlane.com.
1 As of September 30, 2016
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