Bill Gates’ Family Office Sells Stake Back to Hamilton Lane

Kirkland-based Cascade Investment, LLC, an investment holding company controlled by Microsoft founder Bill Gates, sold its nearly 20% interest in Hamilton Lane back to the firm. Cascade Investment manages the personal wealth of Bill Gates and some assets of Seattle-based Bill & Melinda Gates Foundation. The deal has resulted in Hamilton Lane employees controlling the majority of the firm’s equity – about 85%.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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