05/19/2025 – 09:30 PM
SEOUL, South Korea — In a move underscoring Asia’s rising prominence in the global infrastructure investment landscape, IMM Investment and private markets heavyweight Hamilton Lane (Nasdaq: HLNE) have solidified a cross-border partnership through a landmark secondary transaction. This strategic deal centers on Hamilton Lane’s acquisition of existing Limited Partner interests in IMM’s $1.8 billion ninth infrastructure fund, marking the first infrastructure-focused secondary deal for the Seoul-based firm in the Asia-Pacific region.
The transaction, finalized as of March 31, 2025, highlights a growing appetite among international investors for Asian infrastructure assets, particularly those originating from Korea’s rapidly maturing markets. “This partnership reflects global investors’ confidence in Korea as a long-term infrastructure hub,” said Jin Heum Paek, CEO of IMM Investment Singapore, in a statement. “Hamilton Lane’s addition to our investor base will amplify our ability to scale high-performing assets while delivering sustained value to stakeholders.”
Brent Burnett, Head of Infrastructure and Real Assets at Hamilton Lane, emphasized the broader implications of the deal: “Infrastructure secondaries remain an underpenetrated yet high-opportunity segment of the market. Our investment in IMM Infra 8th aligns with our mission to source differentiated exposures and capitalize on the sector’s expanding AUM trajectory.”
The IMM Infra 8th Private Equity Fund, a diversified vehicle targeting core-plus and value-add opportunities across Korea’s energy, digital infrastructure, and mobility sectors, now gains enhanced global traction through this partnership. Hamilton Lane’s expertise in navigating secondary markets and its robust due diligence framework position the collaboration as a template for future cross-border infrastructure alliances.
For IMM Investment, the transaction signals a pivotal phase in its transformation from a Korea-centric firm to a regional powerhouse. Since launching its Singapore arm in 2023, the firm has prioritized connecting global capital with Asia-specific opportunities. “Our Singapore office has become a vital bridge for international LPs seeking access to Korea’s private markets,” Paek noted, stressing the role of localized operational insights in driving value creation.
Hamilton Lane, which oversees $956 billion in assets globally, continues to cement its dominance in private market secondaries with this deal. The firm’s cross-border reach and commitment to responsible ownership principles—aligned with IMM’s governance standards—reflect a shared vision of long-term value generation.
The transaction arrives amid an upswing in secondary market activity, driven by investors’ growing comfort with transferring seasoned assets. With Asia-Pacific infrastructure funds increasingly leveraging private capital to finance energy transitions, digitalization, and social infrastructure, partnerships like this one may set a precedent for collaborative resource-assembling strategies.
About IMM Investment
IMM Investment, headquartered in Seoul, manages $7.5 billion across venture capital, growth equity, and infrastructure, with its infrastructure arm overseeing $1.8 billion in assets focused on energy transition, digital infrastructure, and logistics. Its Singapore subsidiary serves as a global capital-raising and strategic partnership hub, supporting cross-border investment in alternatives.
About Hamilton Lane
As a global leader in private markets investing, Hamilton Lane (Nasdaq: HLNE) specializes in crafting tailored solutions for institutional and private wealth clients. With $956 billion in assets under management and supervision as of December 31, 2024, the firm delivers access to a broad spectrum of private market strategies through a network spanning 30+ offices worldwide. For more details, visit https://www.hamiltonlane.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250519110734/en/
Source: IMM Investment Corp.
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