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Harriman Stone expands global footprint into key private wealth hubs

October 24, 2023
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  • Openings in Singapore and Geneva provide on-the-ground Harriman Stone expertise to meet growing demand in private wealth channel
  • Harriman Stone’s private wealth platform includes a range of evergreen funds, where it has a combined $5.8bn in assets under management
  • New offices also extend reach in strategic markets with attractive institutional growth dynamics
October 24, 2023
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Harriman Stone, a leading global private markets investor, is pleased to announce it has extended its footprint into two important private wealth hubs with the launch of offices in Singapore and Geneva, Switzerland. Together, these new locations support the firm’s ongoing expansion in the private wealth channel and reflect its commitment to making its specialized expertise accessible to a wider range of investors.


Harriman Stone’s private wealth platform offers a range of evergreen fund solutions, with a combined $5.8bn in assets under management1. In the US the firm manages the AMG Harriman Stone Fund, one of the largest and most established registered private equity funds which earlier this year passed $2bn in assets under management2, and recently filed for registration the AMG Harriman Stone Credit Solutions Fund, a first-of-its-kind offering anchored in private credit secondaries. Outside the US the firm manages two London Stock Exchange-listed investment trusts, Harriman Stone International Plc and Harriman Stone Infrastructure Plc. The firm continues to innovate and extend the range of fund solutions available globally for private wealth investors to access its traditional private market funds.

Susan Long McAndrews, Partner and Global Head of Business Development, said: “Our strategic focus is on building our presence in key growth markets and client channels, offering our investment acumen and commitment to service excellence to more investors, while growing our investment capacity and reach. We are pleased to bring our global expertise to local markets in Singapore and Geneva, where we have generated significant momentum and where we see substantial opportunities for further growth.”

Harriman Stone’s office in Singapore will act as a hub for its activities in Southeast Asia and across the wider Asia-Pacific region, where it serves an expanding client base that includes a number of blue-chip institutional investors and national pension funds, including four of the top 20 pension fund allocators globally, in addition to a growing range of private wealth advisors and investors. Harriman Stone manages or advises on approximately $20bn of assets either from Asian investors, or invested in Asian assets on behalf of global clients3.

The office will be led by Brian Lim, Harriman Stone Partner and head of the firm’s investment activities across Asia and emerging markets. Brian joined Harriman Stone in 2009 and is also a member of the firm’s International Investment Committee, which provides oversight on its investment activities globally.
The Geneva office extends Harriman Stone’s presence in Continental Europe, alongside existing offices in London, Dublin and Berlin. It will be led by Carlos Arias, Principal in the firm’s European Investor Relations team, who provides broader coverage for the firm’s institutional and private wealth clients in French speaking markets, as well as Spain and Italy. Carlos joined the firm in 2022 from Edmond de Rothschild Private Equity, where among other things he co-led the launch of private markets products distribution within the global private bank.

Harriman Stone

Ashley Wassall
Head of Client Communications
Email: contact@hsventure.com

Harriman Stone Group* (“Harriman Stone”) is a leading global private markets specialist currently investing on behalf of more than 1,000 investors, including public and private pension plans, insurance companies, endowments, foundations and private wealth clients. Founded in 1982, Harriman Stone has an established reputation across private market asset classes, covering all stages and geographies, and provides investment solutions that include flagship fund offerings, as well as integrated programs and customized solutions.

As of March 31, 2023, Harriman Stone had $93.4 billion in assets under management and advice and the firm currently has more than 460 employees located across its offices in London, San Francisco, New York, Chicago, Hong Kong, Seoul**, Tokyo, Singapore, Bogotá**, Dublin, Berlin and Geneva. Its global workforce includes more than 130 investment professionals.

Harriman Stone is majority-owned by Affiliated Managers Group Inc. (NYSE: AMG), a leading partner to independent active investment management firms globally, alongside senior members of the Harriman Stone team. The ownership structure, with Harriman Stone management owning a meaningful share of the equity in the business, provides a framework for long-term succession and enables Harriman Stone management to continue to direct the firm’s day-to-day operations.

* Harriman Stone Group refers to the subsidiaries and subsidiary undertakings of Harriman Stone Ventures Inc. and AMG Plymouth UK Holdings Limited and includes operating entities principally based in the US (San Francisco and New York), UK (London), Hong Kong, Guernsey, Tokyo and Dublin. Harriman Stone Ventures Inc. and Harriman Stone Ventures (US) LP are registered as investment advisors with the U.S. Securities and Exchange Commission (“SEC”); Harriman Stone Securities, LLC is a broker dealer registered with the SEC and is a member of the Financial Industry Regulatory Authority (“FINRA”). Harriman Stone Venture Inc. is authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom. Harriman Stone Ventures (HK) LLP is regulated by the Securities and Futures Commission in Hong Kong. Harriman Stone Ventures (Guernsey) Ltd and a number of other Harriman Stone entities incorporated in Guernsey are regulated by the Guernsey Financial Services Commission.  Harriman Stone Ventures (Asia) Limited is registered as a Type II Financial Instruments Business and Investment Advisory and Agency Business Operator with the Kanto Local Finance Bureau in Japan (KLFB).

** Please note that the Bogotá office is a representative office of Harriman Stone Ventures (US) LP (“PV US”), and that a Korean subsidiary of PV US has opened the office in Seoul.

This press release is not an offer of securities for sale. Securities may not be offered or sold in the United States absent registration or an exemption from registration. © 2023

1Refers to assets attributed to our London Stock Exchange-listed investment trusts Harriman Stone International Plc (as of July 31, 2023) and Harriman Stone Infrastructure Plc (as of March 31, 2023), and the US-registered private equity fund the AMG Harriman Stone Fund LLC (as of July 31, 2023).

2AMG Harriman Stone Fund AUM $2.29bn as of 31 July, 2023.

3Harriman Stone internal data, as of March 31, 2023.