Hamilton Lane $129.2 Million Follow-On Offering

Davis Polk advised the joint book-running managers in connection with the $129.2 million SEC-registered follow-on offering of 2,880,979 shares of Class A common stock of Hamilton Lane Incorporated, which included 2,742,618 shares sold by the company and 138,361 shares sold by selling stockholders. The Class A common stock is listed on the NASDAQ Stock Market under the symbol “HLNE.”

Based in Bala Cynwyd, Pennsylvania, Hamilton Lane Incorporated is a leading alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. Dedicated to private markets investing for 27 years, the firm currently employs approximately 340 professionals operating in offices throughout the U.S., Europe, Asia-Pacific, Latin America and the Middle East. With more than $471 billion in total assets under management and supervision as of June 30, 2018, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis.

The Davis Polk corporate team included partner Richard D. Truesdell Jr., counsel Katia Brener and associates Matthew M. Funk and Caroline Ceriello. The tax team included partner Mary Conway and associate Alexander J. Hendin. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.