Thomson Reuters Teams with Hamilton Lane for PE Performance

My corporate overlords have quietly signed an agreement with Hamilton Lane, to improve the quality of their private equity benchmarking data. This is a very welcome development, as the sample pools have been a bit shallow of late.

The deal is basically that Hamilton Lane will lean on its GPs to voluntarily provide data, first via letters and then via phone calls. The consultant considered doing something like this a few years back with S&P, but it didn’t work out. It then considered going solo, but decided that Thomson Reuters had a good mousetrap that needed to be bulked up.

For its part, TR tells me that it will continue seeking performance data from LPs and GPs. All contributions are anonymous…