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Hamilton Lane Announces Pricing of Public Offering of Class A Common Stock
HLNEHamilton Lane(HLNE) Prnewswire·2025-02-11 01:15

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 252million,withtheofferingexpectedtocloseonFebruary12,2025[1][2].Group1:OfferingDetails−TheofferingconsistsofsharessoldbyHamiltonLaneandasellingstockholder,withHamiltonLaneintendingtousetheproceedstosettlecashexchangesofmembershipunitsinHamiltonLaneAdvisors,L.L.C.heldbycertainmembers[2].−MorganStanleyisactingasthebook−runningmanagerandunderwriterforthisoffering[2].Group2:RegulatoryInformation−TheofferingismadeunderaneffectiveshelfregistrationstatementfiledwiththeSEC,whichincludesaprospectusandrelatedprospectussupplement[3].Group3:CompanyOverview−HamiltonLaneisoneofthelargestprivatemarketsinvestmentfirmsglobally,withover30yearsofexclusivefocusonprivatemarketsinvesting[4].−Thefirmmanagesapproximately252 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 135billionindiscretionaryassetsandmorethan135 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].