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Hamilton Lane commences common stock offering

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Hamilton Lane commences common stock offering

Hamilton Lane Inc. launched a public offering of 1,449,303 class A common shares to be sold by the company and a selling shareholder.

Proceeds from the shares sold by the private markets asset management company will be used to settle in cash exchanges of membership units in Hamilton Lane Advisors LLC held by certain of its members. Hamilton Lane will not receive any proceeds from the shares sold by the selling shareholder.

J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint book-running managers and underwriters for the offering.