Hamilton Lane leads $270 million Cynosure continuation vehicle for Savant Wealth Management
HLNE•Hamilton Lane leads continuation vehicle for Savant Wealth Management
- Hamilton Lane led a single-asset continuation vehicle for Savant Wealth Management, committing as sole lead investor and only new outside capital source.
- The vehicle raised about $270 million, offering liquidity to Cynosure’s original limited partners a decade after its initial Savant investment.
- Savant is a fee-only U.S. registered investment adviser with more than $57 billion in assets under management.
- The firm serves over 25,000 clients through 70 offices, providing investment management and broader wealth advisory services.
- Cynosure retained a minority stake and board role alongside Kelso; Savant employees remained the largest shareholder group.
