03/14/2019 | News release | Distributed by Public on 03/15/2019 22:14
Davis Polk advised the joint book-running managers in connection with the $66.7 million SEC-registered follow-on offering of 1,449,303 shares of Class A common stock of Hamilton Lane Incorporated, which included 1,399,303 shares sold by the company and 50,000 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 27 years, the firm currently employs approximately 360 professionals operating in offices throughout the United States, Europe, Asia-Pacific, Latin America and the Middle East. With approximately $469 billion in total assets under management and supervision as of December 31, 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. and counsel Katia Brener. 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.