Hamilton Lane, an alternative asset manager with $40 billion of AUM, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering.
The Bala Cynwyd, PA-based company was founded in 1991 and booked $187 million in revenue for the 12 months ended September 30, 2016. It plans to list on the Nasdaq under the symbol HLNE. Hamilton Lane filed confidentially on July 21, 2016. J.P. Morgan and Morgan Stanley are the joint bookrunners on the deal. No pricing terms were disclosed.
