Erik Hirsch and Juan Delgado-Moreira have been named co-chief executive officers of private markets investment management firm Hamilton Lane, effective Jan. 1, 2024.
They will succeed Mario Giannini, who will become executive co-chairman along with Hartley Rogers, said a Sept. 12 release.
Giannini has served as Hamilton Lane's CEO for 22 years.
Delgado-Moreira will principally focus on leading Hamilton Lane's global sales efforts and client service organization, while Hirsch will lead the firm's strategic direction and manage its operations. The two co-CEOs will jointly lead the firm's global investment team.
Hirsch, who first joined Hamilton Lane in 1999, is based in Conshohocken, Pa. He is currently vice chairman and head of strategic initiatives, a spokesperson for the firm confirmed. Hirsch's former responsibilities will be divided amongst current and senior executives, including Hirsch himself, the spokesperson added.
Based in Hong Kong, Delgado-Moreira currently serves as vice chairman. Vice Chairman Andrew Schardt will take over that role, the spokesperson added.
Hamilton Lane had about $818 billion in assets under management and supervision as of June 30, comprising $117 billion in discretionary assets and $701 billion in nondiscretionary assets.