Private markets asset management firm Hamilton Lane announced today the appointment of Paul Yett as the firm’s new Director of ESG and Sustainability. Yett will formally lead the firm’s ESG efforts and manage the ESG integration strategy across all Hamilton Lane investment teams.

Yett has been with Hamilton Lane for 22 years, most recently as a Managing Director on the Relationship Management team, and a longstanding member of the firm’s Diversity, Equity & Inclusion Council, helping to form the Council back in 2015. Yett joined Hamilton Lane in 1998, in the company’s due diligence department, managing the firm’s global venture capital and real estate practices. He then joined the Relationship Management team in 2002, and has since then managed a number of the firm’s client relationships.

In his new role, Yett will be responsible for managing the firm’s ESG integration throughout the investment processes across the Fund, Direct Investment, Secondary, Real Asset and Direct Credit teams; driving ESG policy development and advising deal teams during due diligence; supporting clients, government entities and other stakeholders in regards to ESG and sustainability matters; and overseeing corporate ESG policies within the firm. He will also serve as a member and advisor to Hamilton Lane’s Responsible Investment Committee. He will also continue to serve on the firm’s Investment Committee.

Mario Giannini, CEO at Hamilton Lane, said:

“Since day one, Paul has demonstrated an aptitude and a passion for these issues through his work with clients on environmental, social and governance issues, as well as his involvement in groups within our firm and industry focused on diversity, equity and inclusion. He is well aware of both the challenges and the opportunities within the ESG landscape, and is well-positioned to spearhead the meaningful work this role requires.

“Sustainability and responsible investing are already deeply embedded within Hamilton Lane’s culture and investment and business practices, and Paul’s appointment is another step toward strengthening our commitment to ESG.”

Yett said:

“It’s an honor to be leading Hamilton Lane’s ESG efforts, building on the work done by our Responsible Investment Committee and our DE&I Council to reinforce our existing foundation with ESG practices that aim to deliver long-term value for our stakeholders. Sustainability concerns, social issues, responsible investing considerations – these factor into everything we do at Hamilton Lane, and my focus will be on expanding those efforts to continue to adapt to the evolving market and better serve our clients, investors and employees.”