Hamilton Lane, one of the oldest and biggest alternative investment and advisory firms, has promoted three of its executives to leadership positions in the global investment team.

Jeff Armbrister, who joined the company in 2018 as managing director, is the new global head of co-investments and will be responsible for the expansion of the firm’s co-investment platform, which in 2018 deployed over $1.1bn into equity co-investments across a record number of funds and accounts.