Hamilton Lane appoints general counsel and chief compliance officer

Hamilton Lane has appointed Lydia Gavalis as general counsel, and Frederick Shaw as chief compliance officer, effective as of April 1. Robert Cleveland, who had served as general counsel at the firm for more than 16 years will retire at the end of March.

Gavalis will assume responsibility for all legal affairs globally. She previously worked at SEI, where she served for more than 18 years, including for the last 10 years as general counsel of the company’s Institutional Investors business segment. She was also general counsel for both SEI Private Trust Company and SEI Trust Company; head of SEI’s Corporate Services legal team; and general counsel of London-based SEI Investments (Europe) Limited.

Shaw previously served in the role of director of compliance since joining Hamilton Lane in 2011. Prior to Hamilton Lane, he was chief compliance officer of Natsource, LLC, where he managed the firm’s global compliance program. Earlier in his career, he served in various compliance and supervisory positions at Bear Stearns Asset Management, JP Morgan Private Bank, UBS and Smith Barney.