Hamilton Lane Announces Public Offering of Class A Common Stock

Core Viewpoint - Hamilton Lane Incorporated has initiated an underwritten public offering of 1,572,536 shares of Class A common stock, which will be sold by the company and a selling stockholder, subject to market conditions [1][2]. Group 1: Offering Details - The proceeds from the share sale will be used to settle cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. held by certain members, with the company not receiving any proceeds from the selling stockholder [2]. - Morgan Stanley is serving as the book-running manager and underwriter for this offering [2]. Group 2: Regulatory Information - The offering is made under an effective shelf registration statement (Registration No. 333-283233) filed with the SEC, and related documents can be accessed for free on the SEC's website [3]. Group 3: Company Overview - Hamilton Lane is one of the largest private markets investment firms globally, with over 30 years of exclusive focus on private markets investing [4]. - The firm employs approximately 740 professionals worldwide and has $956 billion in assets under management, including nearly$135 billion in discretionary assets and over $821 billion in non-discretionary assets as of December 31, 2024 [4]. - Hamilton Lane specializes in creating flexible investment programs that provide clients access to a wide range of private markets strategies, sectors, and geographies [4].