Hamilton Lane $80 million follow-on offering
We advised the book-running manager on the equity offering
Davis Polk advised the book-running manager in connection with the $80 million SEC-registered follow-on offering of 950,751 shares of Class A common stock of Hamilton Lane Incorporated, which included 877,400 shares sold by the company and 73,351 shares sold by selling stockholders. The Class A common stock is listed on the Nasdaq Stock Market under the symbol “HLNE.”
Hamilton Lane Incorporated is a leading private markets investment management firm providing innovative solutions to sophisticated investors around the world. Dedicated exclusively to private markets investing for 30 years, the firm currently employs approximately 475 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $757 billion in assets under management and supervision, composed of $92 billion in discretionary assets and $665 billion in advisory assets, as of June 30, 2021. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies.
The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associate Jacqueline Marino. All members of the Davis Polk team are based in the New York office.