Business
Hamilton Lane Announces CEO Succession, Further Leadership Evolution
Erik Hirsch and Juan Delgado-Moreira Elevated to Co-Chief Executive OfficersMario Giannini to Transition to Executive Co-Chairman alongside Hartley
About this update from Hamilton Lane Incorporated
[{"type":"text","content":"Erik Hirsch and Juan Delgado-Moreira Elevated to Co-Chief Executive OfficersMario Giannini to Transition to Executive Co-Chairman alongside Hartley RogersCONSHOHOCKEN, Pa., Sept. 12, 2023 /PRNewswire/ -- Hamilton Lane (Nasdaq: HLNE), a leading global private markets investment management firm, today announced that long-time executives Erik Hirsch and Juan Delgado-Moreira have been appointed Co-Chief Executive Officers, effective January 1, 2024. They succeed Mario Giannini, who, after 22 years as Hamilton Lane's CEO, will join Hartley Rogers as Executive Co-Chairman. Rogers has served as Chairman of the Board since 2005.\n\n\"We're thrilled to be making this announcement today – at a time when Hamilton Lane is as strongly positioned as it's ever been in terms of our global platform and scale, new and differentiated product lines, growing client base and deep leadership bench,\" Giannini said. \"With Erik and Juan stepping into the roles of Co-CEOs, I am both confident and excited about the future of Hamilton Lane, knowing we've identified the right leaders to build upon the strength of our current foundation and guide us through the next evolution of our business. Personally, I look forward to continuing to play an active role, spending time and deepening relationships with clients, opining on the markets and helping set the strategic direction of the firm.\"\n\"I'm very proud of all that we've accomplished at Hamilton Lane over the past 20 years. This new structure reinforces the foundation of our firm as we continue to expand our leadership position in global private markets. I am incredibly grateful to Mario for his leadership through decades of tremendous transformation and look forward to continuing our active roles in advancing the best interests of Hamilton Lane's clients, employees, shareholders and business partners,\" Rogers said. \"Today's announcement reflects a thoughtfully considered transition plan – one that elevates two long-standing partners to well-deserved roles. Erik and Juan have been instrumental in shaping Hamilton Lane into the outstanding firm it is today through their respective contributions to our investment success, product innovation and global reach.\"\nEffective as of January 1, 2024, Delgado-Moreira will be appointed to the Board of Directors, and will primarily focus on leading Hamilton Lane's ...