Hamilton Lane Inc.

09/27/2024 | Press release | Distributed by Public on 09/27/2024 06:57

Hamilton Lane Expands Hong Kong Business

Hamilton Lane Expands Hong Kong Business

September 27, 2024 | 2 Min Read
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Hong Kong - Invest Hong Kong (InvestHK) announced today that leading global private markets investment management firm, Hamilton Lane, has expanded its Hong Kong operation, setting up its first Hong Kong Limited Partnership Fund ("HKLPF"). Hamilton Lane will leverage the city's attractive tax regime and strategic location to build on its presence within the region.

Associate Director-General of Investment Promotion, Mr Charles Ng, congratulated Hamilton Lane's expansion in Hong Kong. He said, "Hong Kong as an international finance centre has a prudent and robust financial regulatory regime, free flow of capital, a full range of financial products, and a large pool of financial talents. It is an ideal place for overseas and Mainland financial companies to set up or expand their business in the region."

Hamilton Lane has been operating in Hong Kong for 15 years, having opened its inaugural office in Asia here in 2009. Together with its newly established HKLPF, the company is marking a number of milestones within Hong Kong at the moment, according to Head of Greater China Client Solutions at Hamilton Lane, Ms Shannon Chow.

Ms Chow said, "We have been operating in Hong Kong for many years now, having been initially drawn to the city by its attractive tax structure and lowest tax rates of any major financial centre. The city is situated in the heart of Asia, close to our client base here, and is well connected to the rest of the world."

She added, "Hong Kong's strong workforce is important for us to develop our business, as we continue to add to and grow our talented team, including in support of the HKLPF."

About Hamilton Lane

Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 700 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has more than $940 billion in assets under management and supervision, composed of nearly $130 billion in discretionary assets and more than $810 billion in non-discretionary assets, as of June 30, 2024. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit ourwebsiteor follow Hamilton Lane on LinkedIn.

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