IMM Investment Secures Hamilton Lane Backing In Landmark Asia Secondary Deal

KUALA LUMPUR, May 20 (Bernama) -- IMM Investment, a prominent Korean asset manager, and Hamilton Lane, a global private markets firm, announced the completion of a strategic secondary transaction involving the IMM Infra 8th Private Equity Fund.

The deal, finalised on March 31, 2025, marks Hamilton Lane’s investment through the purchase of existing limited partner interests, and represents the first infrastructure-focused secondary deal in Asia for IMM Investment, according to a statement.

“This transaction speaks to the institutional strength of our infrastructure platform and the increasing confidence global investors have in Korea as a long-term infrastructure market.

“We are excited to welcome Hamilton Lane as an investor. Their global perspective and deep secondaries expertise will enhance our ability to manage and scale high-quality assets while continuing to deliver value to both existing and new investors,” said IMM Investment Singapore chief executive officer, Jin Heum Paek.

Meanwhile, Hamilton Lane Head of Infrastructure and Real Assets, Brent Burnett highlighted the growing opportunities in the infrastructure secondaries market, driven by the global expansion of assets under management.

He emphasised that the investment in the IMM fund aligns with Hamilton Lane’s focus on sourcing distinctive, high-quality opportunities across the infrastructure space.

The IMM Infra 8th Private Equity Fund is a core-plus and value-added infrastructure vehicle, offering exposure to a diverse portfolio across Korea’s energy, mobility, digital, and social infrastructure sectors.

This investment highlights the increasing appeal of Korean infrastructure to global institutional investors and underscores IMM Investment’s ability to attract international capital through specialised, high-performing platforms.

Through this partnership, IMM Investment will continue managing the fund with a hands-on, value-creation approach, while Hamilton Lane contributes cross-border reach, institutional due diligence, and governance alignment. The collaboration also reinforces IMM Investment’s transformation from a Korea-centric manager into a regional player with global reach.

Established in 2023, IMM Investment Singapore serves as the firm's international gateway for fundraising and strategic alliances, helping bridge Korean infrastructure opportunities with overseas capital.

-- BERNAMA