Hamilton Lane’s $156.7 Million Follow-On Offering

Davis Polk advised the book-running manager in the offering.

Hamilton Lane Incorporated completed the $156.7 million SEC-registered follow-on offering of 2,207,380 shares of Class A common stock, which included 2,132,380 shares sold by the company and 75,000 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 29 years. The firm currently employs approximately 400 professionals operating in offices throughout the United States, Europe, Asia-Pacific, Latin America and the Middle East. With approximately $516 billion in total assets under management and supervision as of June 30, 2020, 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 advising J.P. Morgan Securities LLC, as book-running manager and underwriter for the offering, included partner Richard D. Truesdell Jr. (Picture), counsel Katia Brener and associate Concepción Olivera. The tax team included partner Michael Farber and associate Eitan Ulmer.

Involved fees earner: Katia Brener – Davis Polk & Wardwell; Michael Farber – Davis Polk & Wardwell; Concepción Olivera – Davis Polk & Wardwell; Richard Truesdell Jr. – Davis Polk & Wardwell; Eitan Ulmer – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: J.P. Morgan Securities LLC;

Author: Ambrogio Visconti