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Stock impact report

Clearlake to Double Assets With Nearly $1 Billion Deal [Yahoo! Finance]

Hamilton Lane Incorporated - Class A (HLNE) 
Last hamilton lane incorporated - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Private-equity firm Clearlake Capital Group is buying investment manager Pathway Capital Management in a deal that will roughly double its assets under management, executives said. The details Clearlake will pay nearly $1 billion for Pathway, according to people familiar with the matter. Most Read from The Wall Street Journal Using Your Credit Card at the Checkout Is Set to Get a Lot More Complicated Obesity Drugs Are About to Go Mass-Market The Fed Is Increasingly Torn Over a December Rate Cut Three AI Megadeals Are Breaking New Ground on Wall Street White House Explores Rules That Would Upend Shareholder Voting Based in Irvine, Calif., Pathway builds customized portfolios for institutional investors and wealthy individuals. It has about $95 billion in assets under management, though a chunk of that is in a business that generates lower fees than traditional private equity or credit. The deal will bring Clearlake's assets under management to $185 billion, establi Show less Read more
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