Hamilton Lane Announces Pricing of Public Offering of Class A Common Stock

Core Viewpoint - Hamilton Lane Incorporated has announced a public offering of 1,572,536 shares of Class A common stock, aiming for gross proceeds of approximately $252 million, with the offering expected to close on February 12, 2025 [1][2]. Group 1: Offering Details - The offering consists of shares sold by Hamilton Lane and a selling stockholder, with Hamilton Lane intending to use the proceeds to settle cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. held by certain members [2]. - Morgan Stanley is acting 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 filed with the SEC, which includes a prospectus and related prospectus supplement [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 manages approximately $956 billion in assets, including nearly $135 billion in discretionary assets and more than $821 billion in non-discretionary assets as of December 31, 2024 [4]. - Hamilton Lane employs around 740 professionals worldwide, operating in various regions including North America, Europe, Asia Pacific, and the Middle East [4].