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Hamilton Lane prices IPO at $16 midpoint

February 28, 2017
HLNE

Hamilton Lane, an alternative asset manager with $40 billion in AUM, raised $190 million by offering 11.9 million shares at $16, the midpoint of the range of $15 to $17. Hamilton Lane plans to list on the Nasdaq under the symbol HLNE. J.P. Morgan and Morgan Stanley acted as lead managers on the deal.