PRIVATE markets asset management firm Hamilton Lane announced November 20 new leadership roles across its investment business, naming Jeff Armbrister as global head of Co-Investments, and appointing Mingchen Xia and Collwyn Tan as co-heads of Asia Investments.
Mario Giannini, CEO of Hamilton Lane, comments: “Today, Hamilton Lane manages more than $65 billion in discretionary assets across our investment platform globally. As our business continues to grow within geographies and sectors, we believe the appointments of Jeff, Mingchen and Collwyn will best position our global investment teams for future success.”
In connection with his role, Armbrister will have responsibility for Hamilton Lane’s expanding co-investment platform, which in 2018 deployed over US$1.1 billion into equity co-investments across a record number of funds and accounts. He will also oversee the Co-Investment team, comprising 19 investment professionals around the world.
Armbrister has over 20 years of private equity and public market investing experience, and has served on the board of directors of several portfolio companies and non-profit organizations. Prior to joining Hamilton Lane in 2018, he was a managing director at Versa Capital Management, and prior to joining Versa in 2003, an equity research analyst at Oppenheimer + Close. He has also held private equity, venture capital, corporate development and investment banking positions at Berwind Financial Group, Redleaf Group, ICG Commerce and Wheat First Butcher Singer, respectively.
Brian Gildea, Hamilton Lane’s global head of Investments, comments: “Since joining Hamilton Lane, Jeff has seamlessly stepped into the co-investment role, becoming an integral contributor to Hamilton Lane’s continued evolution. His appointment helps position us for ongoing success in our co-investment activities, which are a growing area of opportunity for our business.”
With more than three decades of combined experience investing in Asia’s private markets, Xia and Tan bring to their roles a deep knowledge of the investment landscape across that region, where the firm has been actively investing and has had a strong local presence for over a decade. Tan joined Hamilton Lane’s Co-Investment team in 2011 and Xia joined as a member of the firm’s Fund Investment team in 2014.
“Mingchen and Collwyn have been vital to the expansion of Hamilton Lane’s Asia business. As the Asia-Pacific region continues to grow in importance within the private markets, we believe we are well positioned to take advantage of opportunities there under their able leadership,” says Juan Delgado-Moreira, vice chairman and head of Asia at Hamilton Lane.