Global private equity and venture capital news and research

Hamilton Lane ends takeover talks with Paul Capital

20 Feb 2014

san_francisco__bridge_170sqPrivate equity firm Hamilton Lane has reportedly ended takeover talks with fund of funds manager Paul Capital.

The talks ended without an agreement on a deal, said PeHUB, citing three people with knowledge of the process.

In December reports said that Hamilton Lane was nearing a deal to buy Paul Capital, which had been struggling to raise funds.

The deal was “mostly done” after a few months of talks, two people with knowledge of the matter told Dow Jones.

Earlier in 2013, Paul Capital lost four members of its healthcare team to hedge fund Visium Asset Management.

The firm said the group would continue to manage its healthcare and royalty funds as a subadviser.

Copyright © 2014 AltAssets

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016