e fund managers. He pledged to raise the tax rate on carried interest. The new tax law keeps it unchanged for investments held at least three years. Hamilton Lane Proponents of conversion to corporations point to Hamilton Lane Inc., an alternative-investment manager and pension-fund consultant that’s a corpor

profile (and Lower fee) products that could begin to pressure fee rates over time. NORTH AMERICA INSIGHT ~~ 2) Publicly Traded Alts Comps We see Hamilton Lane (HLNE, Equal-weight) and Partners Group (PGHN, Equal-weight, covered by Anil Sharma) as offering an upside scenario for Alts©fee-related earnings mul