Hamilton Lane Announces Public Offering of Class A Common Stock
Hamilton Lane (Nasdaq: HLNE) has announced an underwritten public offering of 1,572,536 shares of Class A common stock, to be sold by both the company and a selling stockholder. The private markets asset management firm plans to use its portion of the proceeds to settle cash exchanges of membership units in Hamilton Lane Advisors held by certain members. The company will not receive any proceeds from the selling stockholder's share sale.
Morgan Stanley is serving as the book-running manager and underwriter for the offering. The offering is being conducted under an effective shelf registration statement (Registration No. 333-283233) filed with the SEC.
Hamilton Lane (Nasdaq: HLNE) ha annunciato un'offerta pubblica sottoscritta di 1.572.536 azioni di azioni ordinarie di Classe A, che saranno vendute sia dall'azienda che da un azionista venditore. La società di gestione di asset dei mercati privati prevede di utilizzare la propria parte dei proventi per regolare gli scambi in contante delle unità di partecipazione in Hamilton Lane Advisors detenute da alcuni membri. L'azienda non riceverà alcun provento dalla vendita delle azioni da parte dell'azionista venditore.
Morgan Stanley funge da gestore principale e sottoscrittore dell'offerta. L'offerta viene condotta sotto una dichiarazione di registrazione a scaffale efficace (Registro n. 333-283233) depositata presso la SEC.
Hamilton Lane (Nasdaq: HLNE) ha anunciado una oferta pública garantizada de 1,572,536 acciones de acciones ordinarias de Clase A, que serán vendidas tanto por la compañía como por un accionista vendedor. La firma de gestión de activos de mercados privados planea utilizar su parte de los ingresos para liquidar intercambios en efectivo de unidades de membresía en Hamilton Lane Advisors mantenidas por ciertos miembros. La compañía no recibirá ingresos de la venta de acciones del accionista vendedor.
Morgan Stanley actúa como el gerente de libros y suscriptor para la oferta. La oferta se está llevando a cabo bajo una declaración de registro de estante efectiva (Registro No. 333-283233) presentada ante la SEC.
해밀턴 레인 (Nasdaq: HLNE)은 1,572,536주의 A 클래스 보통주에 대한 공모를 발표했습니다. 이 주식은 회사와 판매 주주 모두에 의해 판매될 예정입니다. 사모 시장 자산 관리 회사는 해당 수익의 일부를 해밀턴 레인 어드바이저스의 일부 회원이 보유한 멤버십 유닛 현금 거래를 정산하는 데 사용할 계획입니다. 회사는 판매 주주의 주식 판매로 인해 어떤 수익도 받지 않을 것입니다.
모건 스탠리는 이번 공모의 북런닝 매니저이자 인수기관으로 활동하고 있습니다. 이 공모는 SEC에 제출된 유효한 선등록 문서 (등록번호 333-283233) 하에 진행되고 있습니다.
Hamilton Lane (Nasdaq: HLNE) a annoncé une offre publique souscrite de 1 572 536 actions de classe A, qui seront vendues par la société ainsi qu'un actionnaire vendeur. La société de gestion d'actifs sur les marchés privés prévoit d'utiliser sa part des produits pour régler des échanges en espèces d'unités de membres dans Hamilton Lane Advisors détenues par certains membres. La société ne recevra aucun produit de la vente d'actions de l'actionnaire vendeur.
Morgan Stanley agit en tant que gestionnaire principal et souscripteur pour l'offre. L'offre est réalisée dans le cadre d'une déclaration de registration shelf effective (Numéro d’enregistrement 333-283233) déposée auprès de la SEC.
Hamilton Lane (Nasdaq: HLNE) hat ein unterzeichnetes öffentliches Angebot von 1.572.536 Aktien der Klasse A ausgegeben, die sowohl von dem Unternehmen als auch von einem verkaufenden Aktionär verkauft werden. Die Firma für das Management privater Märkte plant, ihren Anteil der Einnahmen zur Begleichung von Bartransaktionen von Mitgliedseinheiten in Hamilton Lane Advisors, die von bestimmten Mitgliedern gehalten werden, zu verwenden. Das Unternehmen wird aus dem Verkauf der Aktien durch den verkaufenden Aktionär keine Einnahmen erhalten.
Morgan Stanley fungiert als Buchführungsleiter und Underwriter des Angebots. Das Angebot erfolgt unter einer wirksamen Shelf-Registrierungsanmeldung (Registrierungsnummer 333-283233), die bei der SEC eingereicht wurde.
- Company can settle membership unit exchanges through cash, potentially simplifying ownership structure
- Share offering will likely result in dilution for existing shareholders
- Company receives no proceeds from selling stockholder's portion of the offering
Insights
This secondary offering marks a notable capital markets move for Hamilton Lane, carrying several key implications for investors:
The offering's structure reveals important strategic elements:
- The dual-source offering (company and selling stockholder) suggests a coordinated approach to increasing the stock's public float while facilitating internal ownership transitions
- The use of proceeds to settle membership unit exchanges indicates a strategic consolidation of the ownership structure, potentially simplifying corporate governance
- Morgan Stanley's role as sole book-runner, rather than a broader syndicate, implies confidence in efficient market placement
The transaction's mechanics warrant careful attention. The offering of 1,572,536 shares represents approximately
From a market perspective, this offering reflects ongoing evolution in the alternative asset management sector. As private markets continue to attract increased capital flows, publicly-traded private market managers like Hamilton Lane are optimizing their corporate structures to better serve institutional clients while maintaining operational flexibility. The transaction's timing and structure suggest a thoughtful approach to balancing growth capital needs with existing shareholder interests.
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 stockholder.
Morgan Stanley is acting as book-running manager and underwriter for this offering.
The offering is being made pursuant to an effective shelf registration statement (Registration No. 333-283233), including a prospectus and related prospectus supplement, filed by Hamilton Lane with the Securities and Exchange Commission ("SEC"). These documents may be obtained for free by visiting the SEC's website at http://www.sec.gov or by contacting:
Morgan Stanley & Co. LLC
Attention: Prospectus Department
180 Varick Street, 2nd Floor
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 such state or jurisdiction.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 740 professionals worldwide operating in offices throughout
Forward-Looking Statements
Some of the statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to, among other things, the anticipated amount and terms of the offering and whether the offering will be completed. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different. For more information regarding the risks and uncertainties that we face, you should refer to the "Risk Factors" detailed in the prospectus and prospectus supplement related to the offering, as well as those in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2024 and in our subsequent reports filed from time to time with the SEC. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.
View original content:https://www.prnewswire.com/news-releases/hamilton-lane-announces-public-offering-of-class-a-common-stock-302372764.html
SOURCE Hamilton Lane
FAQ
How many shares is Hamilton Lane (HLNE) offering in its February 2025 public offering?
What is the purpose of Hamilton Lane's (HLNE) 2025 share offering?
Who is the underwriter for Hamilton Lane's (HLNE) February 2025 stock offering?
Will Hamilton Lane (HLNE) receive proceeds from all shares in the offering?
