Hamilton Lane is aiming to strengthen its investment business in the Europe, Middle East and Africa region (EMEA) with the promotion of managing director Jim Strang to the newly created role of EMEA chairman.
Prior to his new appointment, Mr Strang was responsible for the private markets asset management firm’s EMEA strategy, working from its London office.
As chairman, he will continue to focus mainly on Hamilton Lane’s investment activities across the EMEA region with a focus on primary funds, where the firm oversees approximately $66 billion in discretionary and advisory assets. He will also assist Hamilton Lane with its business development and client relationship management efforts, while continuing to serve on the firm’s investment committees.
Before joining Hamilton Lane, Mr Strang was a partner at Dunedin LLP, a UK-based general partner, and also served as a founding team member and head of European buyouts at Gartmore Private Equity (now Hermes GPE).
He still serves as a non-executive director at Hg Capital Trust Plc, a publicly-listed investment trust company and member of the FTSE 250 Index, and is a senior advisor to the private equity group at Bain & Co.
Richard Hope will succeed Mr Strang as head of EMEA. He will assume leadership of Hamilton Lane’s London office, and will oversee the firm’s strategy throughout the region. He will combine his new responsibilities with his former position as managing director on the firm’s secondary and co-investment teams.
The internal appointments follow a series of hires made by the firm to support its growth in the EMEA region, including on the secondary investment team in London and on the business development team in Frankfurt.
Hamilton Lane chief executive officer Mario Giannini said: “Both Jim and Richard have been with Hamilton Lane for more than eight years, and in that time have demonstrated an ongoing commitment to our organisation, to our mission and values, and to broadening our global reach. We are confident that their combined leadership and expertise will help to continue our firm’s growth efforts throughout the EMEA region.”
