Faegre Drinker represented Hamilton Lane Inc. (NASDAQ:HLNE) in an $80 million registered follow-on offering in which Morgan Stanley & Co. LLC served as underwriter. The underwriter purchased 950,751 shares of Hamilton Lane’s Class A common stock, including newly issued shares sold by Hamilton Lane and secondary sales by two selling stockholders.
Headquartered outside of Philadelphia, Hamilton Lane is a leading private markets investment management firm providing innovative solutions to sophisticated investors around the world. Dedicated exclusively to private markets investing for 30 years, Hamilton Lane currently employs more than 475 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. As of June 30, 2021, Hamilton Lane has approximately $757 billion in assets under management and supervision, composed of approximately $92 billion in discretionary assets and approximately $665 billion in advisory assets, and focuses on building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies.