Hamilton Lane, a global private markets firm, and Cynosure Partners, The Cynosure Group’s direct investments business, have announced the closing of a single-asset continuation vehicle for Savant Capital Holdings. Ten years after Cynosure’s initial investment in Savant, the continuation vehicle secured approximately $270 million in total commitments, providing a liquidity option to Cynosure’s original limited partners. Funds managed by Hamilton Lane served as the sole lead investor and only source of new outside capital.
With more than $57 billion in assets under management, Savant is one of the largest independent, fee-only registered investment advisers (RIAs) in the United States. The company offers end-to-end investment management and wealth advisory services — along with complementary tax, consulting and related legal capabilities — for more than 25,000 clients across 70 offices. The transaction represents Hamilton Lane’s latest investment in the RIA space, b
