Hamilton Lane, a private markets asset management firm, has announced new leadership roles in its Europe, Middle East and Africa (EMEA) investment business.Jim Strang, a Managing Director who currently leads EMEA and oversees the firm’s London office, will assume the newly-created role of Chairman EMEA. In addition, Richard Hope, who is a Managing Director on the firm’s secondary and co-investment teams, will succeed Strang in both positions. The appointments take effect immediately.
“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,” said Hamilton Lane CEO Mario Giannini. “We are confident that their combined leadership and expertise will help to continue our firm’s growth efforts throughout the EMEA region.”
In his new role, Strang 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 USD66 billion in discretionary and advisory assets, as of 30 September, 2019. He will also continue to support business development and client relationship management efforts, while continuing to serve on the firm’s investment committees.
Before joining Hamilton Lane, Strang was a partner at Dunedin LLP, a UK-based general partner, and prior to that served as a founding team member and Head of European Buyouts at Gartmore Private Equity (now Hermes GPE). He currently also 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. He is also a teaching fellow in Private Equity at the London Business School.
As the new Head of EMEA, Hope will assume leadership of Hamilton Lane’s London office and will be responsible for driving and executing the firm’s strategy throughout the region. He will combine these new responsibilities with leading the secondary and co-invest presence in EMEA and sitting on Hamilton Lane’s investment committees.
Hope, who joined Hamilton Lane as a member of the Fund Investment Team, was promoted to managing director focused on secondaries and co-investments in 2016. He previously worked as a director at Alliance Trust Equity Partners Ltd., an Edinburgh-based private equity firm.
In addition to these appointments, the firm has recently made a number of other hires to support its growth in the EMEA region, including on the secondary investment team in London and on the business development team in Frankfurt.
