Hamilton Lane has made several leadership changes.
Jeffrey Armbrister has been appointed to serve as Hamilton Lane's CFO, succeeding Atul Varma, who is leaving the firm to pursue other interests. Varma will continue in his role as CFO until Aug. 8 and will remain with the firm as a senior adviser over the next several months to facilitate an orderly transition. For the past five years, Armbrister has led the firm's direct equity investment business, which earlier this year closed its latest fund on more than $2 billion of investor commitments. He has been with Hamilton Lane since 2018.
Andrew “Drew” Schardt will become a vice chairman of Hamilton Lane, while retaining his role as head of investment strategy. In both capacities, Schardt will continue to implement executive-level initiatives while maintaining broader leadership responsibilities across the firm's global inve