Hamilton Lane has appointed Paul Waller, a former 3i Group managing partner, to a newly created leadership role in its London office.
Waller, named partner in the London office, will focus primarily on client development, overall marketing initiatives and provide strategic support to the firm, according to a statement.
Waller, who retired from 3i Group in December after 35 years, had been a member of the 3i leadership since 1999 and was responsible for overseeing the performance of various funds. He led 3i’s fundraising activities and managed investor relations. Waller used to be a former chairman of the European Private Equity and Venture Capital Association (EVCA) and previously chaired the EVCA investor relations committee. He will continue to hold several board seats and other advisory roles while working part-time at Hamilton Lane.
His “deep knowledge and experience across the private equity industry will be an asset”, Erik Hirsch, chief investment officer at Hamilton Lane, said in a statement, adding that Waller “fits our firm culture and aligns with our philosophy”.
“Having known the firm for many years, I am excited to be joining a talented and driven team focused on offering exceptional investment solutions to clients around the globe,” Waller said in the statement.
The US-headquartered firm, which was founded in 1991, is raising its Hamilton Lane Private Equity Fund VIII, which has a $400 million target. Last November, it raised $215 million for this fund, according to documents filed with the US
Securities and Exchange Commission.
Hamilton Lane has more than 190 employees and more than $171 billion in total assets under management and supervision.