HLA Investments and Management Group Increase Stake in Hamilton Lane Inc. to 27.6%

HLA Investments, LLC, along with a group of 26 other reporting persons including HRHLA, LLC and Hartley R. Rogers, filed Amendment No. 15 to their Schedule 13D for Hamilton Lane Incorporated (HLNE). The filing reports an aggregate beneficial ownership of 15,351,034 shares of Class A Common Stock, representing 27.6% of the class. This position includes 8,128,907 Class B Units held directly by HLA Investments and 7,222,127 shares over which it exercises voting control. The amendment highlights several recent open-market purchases by key members of the reporting group between November 2025 and May 2026. Notably, Hartley R. Rogers purchased 110,932 shares in late May 2026, and other executives including Juan Delgado-Moreira, Erik R. Hirsch, and Mario L. Giannini also increased their direct holdings. The reporting group consists of senior management and early investors who hold Class B and Class C units exchangeable for Class A Common Stock. The filing also included updated powers of attorney and a joint filing agreement for the expanded group of reporting persons.