BALA CYNWYD, Pa., Jan. 24, 2013 /PRNewswire/ -- Hamilton Lane, a leading global private equity asset management firm, today announced that it is expanding its Europe-based presence with the addition of Paul Waller to the newly-created role of Partner in its London office.

Waller will focus primarily on client development and overall firm marketing initiatives. He will also draw upon his extensive experience and background in private equity investment and alternative assets to provide strategic support to the firm.

Waller, who recently retired from 3i after 35 years, brings a wealth of investment knowledge and a broad network throughout Europe and the Middle East, as well as Asia and North America. At 3i, Waller served as a Managing Partner of the firm, with responsibility for investor relations and fundraising. He also previously served as co-chair of the firm's Investment Committee. Waller will continue to hold various board seats and other advisory roles while working with Hamilton Lane in a part-time capacity.

Erik Hirsch, Hamilton Lane CIO, said: "Paul's deep knowledge and experience across the private equity industry will be an asset as we continue to expand further our presence and relationships around the world. He fits our firm culture and aligns with our philosophy of providing solutions and service to our partners. We are pleased to welcome him to our team."

Added Waller: "I look forward to working with Hamilton Lane. Having known the firm for many years, I am excited to be joining a talented and driven team focused on offering exceptional investment solutions to clients around the globe."

Waller has over three decades of private equity investment experience, having joined 3i in 1978. He had been a member of the 3i senior leadership team since 1999 and was responsible for overseeing the performance of the various funds managed by 3i, leading 3i's fundraising activities and managing these investor relationships. Waller is a former Chairman of the European Private Equity and Venture Capital Association (EVCA) and previously chaired the EVCA Investor Relations Committee.

About Hamilton Lane   
Hamilton Lane is an independent financial institution that provides discretionary and non-discretionary private equity asset management services to sophisticated investors worldwide. With offices throughout the U.S., London, Hong Kong, Rio de Janeiro, Tel Aviv, Tokyo and Singapore, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private equity asset class on a global and customized basis. Founded in 1991, Hamilton Lane has more than 190 employees and more than $171 billion in total assets under management and supervision. For more information please visit www.hamiltonlane.com.

SOURCE Hamilton Lane