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Hamilton Lane Completes Buy of RAPM

The alternative investment manager has added Real Asset Portfolio Management's Steve Gruber and Brent Burnett to its real assets investment committee.

By Paul Bubny | paulbubny | Updated on August 14, 2017

Exterior of office building Hamilton Lane headquarters in Bala Cynwyd, PA.

BALA CYNWYD, PA—Hamilton Lane said Monday it had completed its acquisition of Real Asset Portfolio Management LLC, a Portland, OR-based investment management firm focused on real estate, infrastructure and natural resources. Financial terms of the deal, first announced in late June and including the RAPM team along with substantially of the company’s assets, were not disclosed.

Steve Gruber and Brent Burnett, who had led the RAPM team as founder and managing Director, respectively, have joined Hamilton Lane’s real assets investment committee. Gruber and Burnett, along with the rest of the RAPM team, will remain based in Portland and continue in their current roles. RAPM has now been rebranded as Hamilton Lane.

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