Mario Giannini was named CEO at Hamilton Lane. He replaces founder Les Brun, who will continue as chairman. Mr. Giannini was president; Duke DeGrassi, chief investment officer, will replace him. Erik Hirsch, head of corporate finance, will become CIO.
Brad Atkins, a managing director, will develop a proprietary portfolio analytics system; Lydie Brown, head of domestic marketing, and Mike Kelly, a portfolio manager, will oversee the newly combined portfolio management and domestic marketing group. Paul Yett, who headed the venture capital business unit, also will work with that group in a so-far unnamed position. Mr. Yetts position will not be filled.
Hamilton Lane manages more than $4 billion in discretionary and fund of fund assets.