Former Hamilton Lane principal gets 22-month prison sentence

Tarang Katira, a former principal of global investment firm Hamilton Lane, is set to serve prison time after a court sentenced him Thursday.

London-based Katira pleaded guilty to controlling/coercive behaviour and will serve 22 months in West London’s Wormwood Scrubs Prison, according to a court document and a clerk from Isleworth Crown Court.

He pleaded not guilty to assault by beating, which the court has decided to keep on file.

The ex-investment professional – regarded as a rising star in the industry – was also served an indefinite restraining order, according to the clerk.

Katira, who joined the firm’s fund investment team in 2011, was put on leave last November after being charged. He was then terminated in July after informing the firm that he would plead guilty to assault charges.

At Hamilton Lane, he was involved in primary fund investing in EMEA and select emerging markets, spanning buyouts, growth capital, venture capital and credit funds, according to his LinkedIn profile.

Hamilton Lane declined to comment.

Update: the sentence in the case was eventually shortened upon retrial.