Hamilton Lane Advisors to pay down term loan borrowings via sale

By Sara Rosenberg

New York, Feb. 1 – Hamilton Lane Advisors LLC plans to repay some of its term loan debt using proceeds from the sale of membership units to Hamilton Lane Inc., according to an S-1 filed with the Securities and Exchange Commission on Wednesday.

Remaining proceeds will be used for general corporate purposes.

Hamilton Lane Inc. will get the funds for the purchase of membership units in Hamilton Lane Advisors from an initial public offering of class A common stock.

Hamilton Lane Advisors is a financial institution that provides discretionary and non-discretionary private equity asset management services.

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