Hazeltree secures investment round led by FINTOP Capital, along with Hamilton Lane (NDQ: HLNE)

NEW YORK AND LONDON AND HONG KONG–(BUSINESS THREAD)–Hazeltree, a leader in cash and liquidity management technology for the alternative asset management and investment industries, today announced that it has secured a strategic investment of $14 million. The investment round was led by FINTOP Capital, a venture capital firm focused on SaaS B2B fintech companies, joined by Hamilton Lane (NASDAQ: HLNE), a leading investment management firm of private markets

Rick Kushel, co-founder and managing partner of FINTOP Capital will join Hazeltree’s board of directors.

“We are delighted to have the support of high caliber investment partners such as FINTOP and Hamilton Lane joining us as we lead Hazeltree into its next era of growth,” said Douglas Haynes, Hazeltree’s Executive Chairman. “Amid market volatility and economic uncertainty, this investment affirms Hazeltree’s strong and resilient business model,” Haynes added. “We saw great interest from the investment community, but FINTOP’s operational expertise stood above all others. We couldn’t be happier to partner with FINTOP and Hamilton Lane. Their respective reputations in the industry speak for themselves”.

“We were very impressed with the Hazeltree business and the strength of its model in the alternative asset management space, particularly hedge funds and private equity,” Kushel said. “I am very excited to join the board of directors of such a dynamic growth company and help it build on its success to date.”

Erik Hirsch, vice president and head of strategic initiatives at Hamilton Lane, commented: “We have a long history of partnering with and investing in leading companies that use technology to bring greater efficiency to the private markets. As a user of the platform , we have found Hazeltree to be a transformative technology solution, allowing us to increase the speed and reliability of our treasury operations and gain greater assurance over our cash management processes, all while expanding our visibility into funding global and currency. needs of our customers. We are proud to participate in this round of fundraising.”

“FINTOP and Hamilton Lane’s combined investment and operating experience in helping fintech companies scale is unmatched, and we are excited to have Rick join our board to provide his guidance,” said Tushar Amin, CEO from Hazeltree. “This investment will drive Hazeltree’s growth by expanding customer success and support, scaling our business model and innovating across our product suite.”

About Hazeltree

Hazeltree is a leader in cash and liquidity management technology for the alternative asset management industry. Hazeltree’s innovative cloud-based treasury and liquidity solutions deliver enhanced transparency, liquidity, risk mitigation, streamlined operations and increased IRR by optimizing counterparty interactions, credit facilities, margin requirements and fees . Hazeltree is headquartered in New York with offices in London and Hong Kong.

About FINTOP Capital

FINTOP Capital is a venture capital firm focused on early-stage FinTech companies. With over $700 million in committed capital across five funds, FINTOP brings decades of founding and operational FinTech experience to the boardroom, partnering with innovative entrepreneurs to push the boundaries of the financial services industry. For more information, visit fintopcapital.com.

About Hamilton Lane

Hamilton Lane (NASDAQ: HLNE) is a leading private markets investment management firm providing innovative solutions to institutional and private wealth investors worldwide. Dedicated exclusively to private markets investing for 30 years, the firm currently employs more than 530 professionals operating from offices in North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has more than $832 billion in assets under management and supervision, comprised of $108 billion in discretionary assets and more than $724 billion in advisory assets, as of June 30, 2022. Hamilton Lane specializes in in creating flexible investment programs that provide clients with access to the full spectrum of private markets strategies, sectors and geographies. For more information, visit www.hamiltonlane.com or follow Hamilton Lane on LinkedIn: https://www.linkedin.com/company/hamilton-lane/.

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