Asset manager Hamilton Lane has expanded its Australian presence as well as release a new fund to wholesale and high-net-worth investors.
The recently launched Global Private Assets Fund (AUD) (GPA Fund) has already received more than $134 million in inflows to date from HNW investors, Hamilton Lane said in a statement.
The GPA Fund allows Australian wholesale and HNW investors access to traditionally high-performing private markets through an Australian Unit Trust with a minimum investment of $25,000.
The fund focuses on secondary and direct private equity and credit, across industries, investment types, strategies and geographies, allowing investors to access a diverse portfolio through a single allocation.
Hamilton Lane principal and Australian country head James Martin said the fund enables them to provide an innovative way for investors to access the private markets outside of traditional, closed-end fund structures.
“We have managed highly tailored accounts, including co-investing with some of Australia’s largest industry super funds, and the GPA Fund introduces a new structure into our global product suite,” Mr Martin said.
Hamilton Lane has also grown its Australian team with the appointment of principal Anastasia Di Carlo.
Ms Di Carlo is based in the firm’s Sydney office and is focused on client relations, including portfolio construction and strategic planning, as well as working with Hamilton Lane’s investment team for coverage of Australian private capital managers.
She has more than 12 years of experience in private capital globally, across Australia, Europe and the US.
Prior to joining Hamilton Lane, Ms Di Carlo was an associate director in the investment team at Quentin Ayers, an Australian adviser on global private capital portfolios. She began her career at the European Investment Fund (EIF), based in Luxembourg, where she held roles in both the private equity risk management and investment teams.
“Anastasia’s deep knowledge of private markets will be valuable as we look to build relationships with new investors and seek investment opportunities in the region,” Mr Martin said.
“The private markets in Australia continue to grow in size and importance within the global landscape and for institutional and retail investors alike, so we’re pleased to have Anastasia on board to support our growing client base as well as our investment efforts in Australia.”
Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.
You can contact him on [email protected].
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