South Korean alternative investment manager IMM Investment has found a new ‘Seoulmate’ in global private markets behemoth, Hamilton Lane. The US firm has agreed to invest through a secondary transaction in the IMM Infra 8th Private Equity Fund, acquiring existing LP interests. It represents the first such infrastructure secondaries deal in Asia for IMM Investment and serves to validate the institutional quality of its infrastructure platform. No doubt the IMM team have been (K) popping the champagne to toast the good news. The 8th fund vintage focuses on Korea’s energy, mobility, digital and social infrastructure sectors. Hamilton Lane holds the view that there is a “vast opportunity set” in infrastructure secondaries. The IMM fund investment is the latest example of Hamilton Lane’s commitment to the infrastructure asset class. Keep an eye on Asia’s infrastructure secondaries market. It might just go Gagnam Style!