Private markets investment major Hamilton Lane has opened a new office in Shanghai, China, its sixth location in the Asia-Pacific region, adding to the firm’s existing offices in Hong Kong, Seoul, Singapore, Sydney and Tokyo.
Hamilton Lane managing director and co-head of Asia investments, Mingchen Xia, will lead the Shanghai team, which consists of seven professionals across Investment, Client Solutions, Compliance and Risk Management teams.
Hamilton Lane was awarded Shanghai Qualified Foreign Limited Partner (QFLP) pilot status in May 2022. QFLP is a structure that allows foreign investors to convert USD to RMB and make investments in RMB private markets. With this approval, Hamilton Lane became the first institution in Shanghai to establish a secondary fund through a QFLP structure, and began actively sourcing investment opportunities in the RMB market.
