Strang steps back at Hamilton Lane

Jim Strang, former chairman of EMEA at the firm and one of the most prominent leaders in European private equity, has taken a senior advisory role.

Jim Strang, chairman of EMEA at Hamilton Lane and a veteran of Europe’s private equity market, has moved into a senior advisory role after being named EMEA chairman early last year.

Jim Strang

As senior advisor, Strang will assist the EMEA team in commercial and investment related topics, according to his LinkedIn profile. He stepped back from his day-to-day role with the firm earlier this year, Strang told Private Equity International.

A spokeswoman for the firm confirmed Strang’s move. Richard Hope remains head of EMEA and the firm appointed managing director Ralph Aerni in May to lead institutional business development efforts across continental Europe, she added.

Strang joined the global investment and consulting giant in 2011 and became managing director and head of EMEA in 2015. He was appointed chairman of EMEA in 2019 – a new role – and was a member of the firm’s investment committee, focusing on investment opportunities across EMEA and primary fund investments, according to the firm’s website.

Prior to joining Hamilton Lane, Strang was a director and head of fund investments at UK mid-market firm Dunedin. Earlier in his career, he was head of European buyouts at Gartmore Private Equity – now Hermes GPE – and also worked as a consultant at Bain & Co.

Strang joined Campbell Lutyens as an advisory director this year, according to the advisory and placement firm’s website. He also became senior advisor at CVC Capital Partners assisting the leadership team on various projects concerning corporate and investment strategy, and independent director at BGF, an investment company that backs SMEs in the UK, his LinkedIn shows.

He has been a non-executive director of Hg Capital Trust since 2018 and its chairman of the board since 2020.

Strang’s move comes at a time as the firm seeks to diversify its offerings including a new business line dedicated to special purpose acquisition companies as well as a multi-strategy fund focused on individual investors in the US. In January, it acquired Denver-based asset management firm 361 Capital to expand its presence in the private wealth channel in the US.

Hamilton Lane has approximately $657 billion in assets under management and supervision as of end-December 2020.