Private markets investment manager Hamilton Lane has appointed Erik Hirsch and Juan Delgado-Moreira as co-chief executive officers, effective January 1 2024.

They succeed Mario Giannini, who, after 22 years as CEO, will join Hartley Rogers as executive co-chairman. Rogers has served as chairman of the board since 2005.

Delgado-Moreira will be appointed to the board of directors, and will primarily focus on leading firm’s global sales efforts and client service organization, while Hirsch will lead the firm’s strategic direction and manage its operations.

The two will jointly lead the firm’s global investment team. Being long-tenured Hamilton Lane executives, Hirsch and Delgado-Moreira have held a variety of positions throughout their careers and have a detailed and nuanced understanding of the firm’s many business lines.

Delgado-Moreira joined Hamilton Lane in 2005. He serves as vice chair and is based in Hong Kong, where he is an investment committee member and oversees international investment activities and client relationships.

Prior to joining the firm, he was an investment manager at Baring Private Equity Partners in London, focused on mid-market private equity in Europe. Previously, he held senior research positions in UK institutions such as the University of Essex and was a lecturer and Fulbright scholar at Stanford University. 

He has a PhD in research methods and statistics and a BA in political science and sociology from the Universidad Complutense de Madrid in Spain. He is a chartered financial analyst and a member of the CFA Institute.

Hirsch joined Hamilton Lane in 1999. Based in Conshohocken, Pennsylvania, he leads the firm’s strategic and technology initiatives, serves on the firm’s investment committee, and is a member of the company’s board of directors. He served as the firm’s chief investment officer from 2003 to 2016.

Prior to joining Hamilton Lane, Hirsch was a corporate investment banker in the mergers & acquisitions department of Brown Brothers Harriman & Co. He began his career as a municipal financial consultant with Public Financial Management, specializing in asset securitization, sport stadium financings and strategic consulting.

He earned his BA from the University of Virginia and is now a trustee of the University of Virginia’s College Foundation, as well as a board member of University of Virginia’s Center for Politics and the Philadelphia 76ers Youth Foundation.