Nelda Chang, Kyle McGinnis and Jenny Zhang have just joined the firm, based at Hamilton Lane’s headquarters in Conshohocken. Chang will play a key role in leading the origination, evaluation and due diligence of direct investment opportunities across North America, the firm said in a statement. Prior to joining Hamilton Lane, Chang was a principal at GCM Grosvenor, responsible for evaluating and executing private equity co-investments. She previously served in roles at Headlands Capital and American Securities, and began her career in the leveraged finance group at JP Morgan.

McGinnis was previously at Onex Partners, where he served as a principal, responsible for the evaluation and execution of private equity investments, the firm continued. Before that, he worked at H I G Capital on the middle market fund team. McGinnis began his career as an investment banker with Wells Fargo Securities. 

Zhang has joined from Two Sigma, where she was a vice president on the private equity team. Prior to that she was on Carlyle’s private equity team.

Based in London, Aljoscha Dudek has been appointed as principal in the firm’s direct equity investments team in London. He will be responsible for the origination, evaluation, and due diligence of direct equity opportunities across EMEA. Prior to joining Hamilton Lane, Dudek was a director at PSP Investments, responsible for the development and management of a private equity portfolio in Europe. Chang, McGinnis, Zhang and Dudek all report to Ken Binick, co-head of direct equity investments, the firm said.

Finally, Benjamin Kalter has joined the firm’s impact investment team, where he deals with the origination, evaluation and management of direct equity impact transactions. Kalter previously served as a vice president on the private equity impact investing team at Nuveen, executing growth equity investments across developed and developing markets. He is based in Conshohocken and reports to Dave Helgerson, head of impact investments.

“Our deal flow is at record levels, and we are happy to welcome Nelda, Aljoscha, Kyle, Jenny and Benjamin to our already-talented, experienced team as we seek to execute on our strategy and strengthen our presence and expertise across the direct equity landscape globally,” Binick said.

Hamilton Lane has been an active investor within the direct equity space for nearly 30 years, and today serves institutional and private wealth clients from around the world. The firm’s direct equity investment team comprises 45 individuals globally, growing nearly 40 per cent over the past year across all levels. Hamilton Lane’s direct equity platform represents about $15.3 billion in assets under management.

The firm operates in offices throughout North America, Europe, Asia Pacific and the Middle East. It has more than $947 billion in assets under management and supervision, composed of more than $131 billion in discretionary assets and about $816 billion in non-discretionary assets.