BALA CYNWYD, Pa., Feb. 28, 2018 (GLOBE NEWSWIRE) — Private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) (“Hamilton Lane”) today announced the pricing of a public offering by Hamilton Lane and certain selling stockholders of 3,940,000 shares of Class A common stock, in the aggregate, at a price to the public of $34.25 per share.In connection with the offering, Hamilton Lane has also granted the underwriters a 30-day option to purchase up to an additional 591,001 shares of Class A common stock from the Company at the public offering price.The offering is expected to close on March 5, 2018 subject to satisfaction of customary closing conditions.

Hamilton Lane intends to use the proceeds from the sale of its shares to settle in cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. held by certain of its members. Hamilton Lane will not receive any proceeds from the sale of shares by the selling stockholders.

J. P. Morgan Securities LLC 
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717 
Attn: Prospectus Group
Telephone: (866) 803-9204

180 Varick Street, Second Floor
New York, New York 10014
Attn: Prospectus Department

A registration statement on Form S-1 relating to these securities was declared effective by the Securities and Exchange Commission (“sec”) on February 28, 2018. 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.