Hamilton Lane widens Southeast Asia footprint, expands into Singapore

Renowned private markets fund management company, Hamilton Lane, has reportedly announced that it has increased its presence across Singapore by appointing Kerrine Koh to lead the company’s office in the region, teaming up with Singaporean fintech investment firm, StashAway.

According to reports, this move comes under Hamilton Lane's commitment to facilitate access to private markets for a wider range of investors.

Koh joins Hamilton Lane as a Managing Director of the firm’s Client Solutions division, and will lead business growth initiatives as well as oversee client relationships across Southeast Asia.

Koh stated that looking at Southeast Asia's rapid growth, many investors would need to widen their access to private markets in the future to diversify their investment portfolios. Koh further added that the company wanted to better serve the changing needs of its clients in this region by bringing its innovative approach to private markets.

The organization also disclosed its partnership with, and balance sheet investment in, StashAway, a data-driven digital wealth management platform that provides access to a range of financial planning and portfolio management tools to accredited and retail investors in Asia and the MENA area.

StashAway provides solutions for managing cash, generating income, maximizing long-term capital gains, and supporting financial planning. Accredited investors can access private sector investments through the StashAway Reserve.

The news comes as Hamilton Lane, which recently hired Victor Jung, as Head of Digital Assets and collaborated with Singapore-based digital securities trading platform ADDX to provide tokenized access to the company's Global Private Assets Fund, expands its digital asset platform. The Fund has so far attracted significant interest and is available to ADDX investors with a minimum ticket size of $10,000.

Hamilton Lane has become one of the first major private market companies to tokenize a fund through its ADDX collaboration and subsequent balance sheet investment. These actions are consistent with the organization’s long-standing commitment to identifying and funding cutting-edge technological solutions as a method for addressing some of the persistent issues in the asset class.

Source Credit: https://www.prnewswire.com/news-releases/hamilton-lane-expands-footprint-across-southeast-asia-301626047.html