Hamilton Lane to ramp up Asia allocation to 15%

Tara Blackburn, a managing director on Hamilton Lane's investment committee, told Dow Jones Newswires that institutional investors' appetite for investing in Asia, particularly in China, has reached has reached a tipping point over the past three years.

"In the bulk of private-equity fundraising, at least 50% comes from the US and then it used to be Europe as the second-largest area, but Asia's [now] come up," Blackburn said. "There are more European and US investors looking at Asia. With the global financial crisis, they're looking at more growth globally and they're looking at emerging markets."

She added that sufficient private equity opportunity now exists in Asia for Hamilton Lane to want more exposure to the continent.

Several other global firms are also boosting their Asian portfolios, including KKR, which in June reached the halfway point in fundraising for its $6 billion second Asia fund, and TPG, which is hoping to raise at least $4 billion for its latest Asian buyout fund.

Hamilton Lane's Asia office is headed by Juan Delgado Moreira, who relocated to Hong Kong from London last year. He has been at the firm since 2005, and previously worked at Baring Private Equity Partners in London.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Save this article  
• Send to  

• Topics
• Funds
• Fundraising
• Buyout
• LPs
• Hamilton Lane
• Fundraising
• LPs
• Fund-of-funds