Hamilton Lane $155.2 Million Follow-On Offering

Davis Polk advised the joint book-running managers in connection with the $155.2 million SEC-registered follow-on offering of 4,531,001 shares of Class A common stock of Hamilton Lane Incorporated, which included 3,834,686 shares sold by the company and 696,315 shares sold by selling stockholders and the full exercise of the underwriters’ option to purchase additional shares from the company. The Class A common stock is listed on the NASDAQ Global Stock Market under the symbol “HLNE.”

J.P. Morgan and Morgan Stanly, Goldman Sachs & Co. LLC, Keefe, Bruyette & Woods ,Stifel Company, Wells Fargo Securities, Freeman & Co. Securities acted as underwriters on the offering.

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 26 years, the firm currently employs approximately 340 professionals operating in offices throughout the United States, Europe, Asia-Pacific, Latin America and the Middle East. With approximately $424 billion in total assets under management and supervision as of December 31, 2017, 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. (Picture), counsel Katia Brener and associates Cameron C. Lewis and Dorothy A. Hill. The tax team included partner Mary Conway and associate Isaac MacDonald. Counsel Marcie A. Goldstein provided FINRA advice.

Involved fees earner: Richard Truesdell Jr. – Davis Polk & Wardwell; Katia Brener – Davis Polk & Wardwell; Cameron Lewis – Davis Polk & Wardwell; Dorothy Hill – Davis Polk & Wardwell; Mary Conway – Davis Polk & Wardwell; Isaac MacDonald – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Goldman, Sachs & Co.; JP Morgan; Morgan Stanley; Keefe, Bruyette & Woods, Ltd.; Stifel Financial Corp.; Wells Fargo Securities; Freeman & Co.;

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Author: Ambrogio Visconti