Hamilton Lane Completes LP Interest Investment in IMM Investment Infra Fund VIII

Strengthening Entry into the Global Private Markets
Demonstrating the Appeal of Korean Infrastructure Assets

On May 20, IMM Investment, a leading alternative investment firm in Korea, and Hamilton Lane (HLNE), a global leader in private markets investment, announced that a Hamilton Lane fund has invested in IMM Infrastructure Fund VIII (IMM Infra Fund VIII) through a secondary transaction involving the acquisition of limited partner (LP) interests.

This marks the first secondary transaction of LP interests for an IMM Investment infrastructure fund, which is seen as recognition from global investors of both the quality of Korean infrastructure assets and IMM Investment's management capabilities.

According to IMM Investment, the transaction, completed on March 31, involved acquiring fund interests held by an existing LP. This structure provides liquidity to the seller through portfolio rebalancing, while offering the buyer the advantage of investing in already verified assets, thereby ensuring greater stability.

IMM Infra Fund VIII is a core-plus and value-add infrastructure investment fund that invests across a range of sectors, including energy, mobility, digital infrastructure, and social infrastructure.

Park Jinheum, CEO of IMM Investment Singapore, stated, "With Hamilton Lane's global perspective and extensive secondary investment experience, we are now able to manage and expand IMM Investment's infrastructure assets more effectively. This transaction is evidence of our recognized infrastructure management capabilities, and it also demonstrates that Korea is emerging as an attractive long-term investment destination in the global infrastructure market."

Brent Burnett, Head of Infrastructure and Real Assets at Hamilton Lane, commented, "The infrastructure secondary market offers unlimited opportunities, and we anticipate continued expansion driven by increasing secondary demand and the growth of infrastructure assets under management (AUM) worldwide. We will actively support the growth and success of this fund by leveraging our global network."

The two firms plan to establish a collaborative framework focused on sustainable value creation, responsible investment, and transparent governance. Established in 2023, IMM Investment Singapore serves as an overseas hub driving global investor engagement and the strengthening of strategic partnerships, and is expected to play a key role in expanding cross-border infrastructure and alternative investments in the future.