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Hamilton Lane Advisors

SEC-registered adviser since 1998Conshohocken, PACRD 107876

$141.8B
AUM
232
Clients
See fees
Fee
257
Advisory staff

From Form ADV filed 26 June 2026 · data retrieved 15 October 2026SEC record

Hamilton Lane Advisors is an investment adviser headquartered in Conshohocken, Pennsylvania, and registered with the SEC since 1998. Its clients include pooled investment vehicles, state or municipal government entities, and pension and profit-sharing plans.

Its services include portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and educational seminars. Fee arrangements include a percentage of assets under management, fixed fees and performance-based fees. Hamilton Lane Inc owns 75% or more of Hamilton Lane Advisors, and Juan Delgado-Moreira is its CEO.

Clients

Hamilton Lane Advisors serves 232 clients, 87 of them pooled investment vehicles. The average client has about $611 million with the firm.

Regulatory assets by client type
  • Banking or thrift institutions8 clients2%
  • Investment companies6 clients5%
  • Pooled investment vehicles87 clients32%
  • Pension and profit-sharing plans56 clients22%
  • State or municipal government entities21 clients26%
  • OtherInsurance companies, Other, Charitable organizations, Other investment advisers, Sovereign wealth funds and foreign official institutions, Corporations and other businesses14%
Show client breakdown
Banking or thrift institutions
Clients
8
Regulatory AUM
$3,015,889,120
Share
2.1%
Avg. per client
$377.0M
Investment companies
Clients
6
Regulatory AUM
$6,600,915,295
Share
4.7%
Avg. per client
$1.10B
Pooled investment vehicles
Clients
87
Regulatory AUM
$44,892,029,631
Share
31.7%
Avg. per client
$516.0M
Pension and profit-sharing plans
Clients
56
Regulatory AUM
$30,839,378,361
Share
21.7%
Avg. per client
$550.7M
Charitable organizations
Clients
2
Regulatory AUM
$482,275,549
Share
0.3%
Avg. per client
$241.1M
State or municipal government entities
Clients
21
Regulatory AUM
$36,818,320,309
Share
26.0%
Avg. per client
$1.75B
Other investment advisers
Clients
1
Regulatory AUM
$842,238
Share
0.0%
Avg. per client
$842K
Insurance companies
Clients
20
Regulatory AUM
$11,819,161,342
Share
8.3%
Avg. per client
$591.0M
Sovereign wealth funds and foreign official institutions
Clients
8
Regulatory AUM
$1,733,043,606
Share
1.2%
Avg. per client
$216.6M
Corporations and other businesses
Clients
4
Regulatory AUM
$1,000,278,132
Share
0.7%
Avg. per client
$250.1M
Other
Clients
19
Regulatory AUM
$4,631,830,766
Share
3.3%
Avg. per client
$243.8M

Total

Clients
232
Regulatory AUM
$141,833,964,349
Share
100%
Avg. per client
$611.4M

What it does

Hamilton Lane Advisors provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and educational seminars. It is paid through a percentage of assets, fixed fees and performance-based fees.

Hamilton Lane Advisors advises 553 private funds.

100.0% of assets ($141.83B across 232 accounts) are managed with discretion. 44% of clients are outside the U.S., and 4 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Funds100%

Custodians

Hamilton Lane Advisors’ client accounts are held mainly at The Bank of New York Mellon, with 19% of managed assets, and Northern Trust, with 9%. Hamilton Lane Advisors has custody of client assets.

Managed account assets by custodian
  • The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $26.87B19%
  • Northern TrustNorthern Trust · Chicago, IL · $13.08B9%
  • All other custodians$101.88B72%

Ownership and leadership

Hamilton Lane Inc owns 75% or more of Hamilton Lane Advisors, and Juan Delgado-Moreira is its CEO.

Who owns the firm
Hamilton Lane Advisors, L.L.C.· the adviser

  • Hamilton Lane Inc

    Control person · since March 2017

    Owns 75% or more of Hamilton Lane Advisors, L.L.C.

  • Hla Investments, LLC

    Control person · since December 2003

    Owns 10% to 25% of Hamilton Lane Advisors, L.L.C.

Leadership

  • Juan Delgado-Moreira
    Co-Chief Executive Officer
  • Erik Hirsch
    Co-Chief Executive Officer
  • Jeffrey Armbrister
    Chief Financial Officer
  • Andrea Anigati
    Chief Operating Officer
  • Robert Shin
    Chief Compliance Officer
  • Drew Carl
    Chief Accounting Officer
  • Lydia Gavalis
    General Counsel
  • Mario Giannini
    Co-Chairman
  • Hartley Rogers
    Co-Chairman

Staff

  • 740 employees
  • 257 in advisory functions
  • 44 broker-dealer reps
  • 14 soliciting firms

Reported holdings

Hamilton Lane Advisors’ reported 13F holdings total $148.6M across 14 positions, and the ten largest make up 99.6% of it.

$148.6M
Reported 13F value
14
Positions
99.6%
In the 10 largest
+6.2%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Cerebras Systems Inc..35.4%
  2. Blue Owl Capital Corporation24.9%
  3. Granite Ridge Resources, Inc..20.1%
  4. Toast, Inc..7.5%
  5. Ionq, Inc..7.0%
  6. Chime Financial, Inc..1.8%
  7. Samsara Inc..1.8%
  8. Coursera, Inc..0.7%
  9. Navan, Inc..0.3%
  10. Evolv Technologies Holdings0.2%

Together, the ten largest are 99.6% of reported value.

The 14 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 13 July 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $148.6M is not its $141.83B in regulatory assets and does not represent any individual client's portfolio.

Fees

Hamilton Lane Advisors is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.

Hamilton Lane Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Hamilton Lane Advisors has 22 offices, with 7 listed addresses across 5 states.

Listed office addresses by state

Pennsylvania · 3 listed addresses

  • 110 Washington Street, Suite 1300, ConshohockenHQ
  • 54 Glenmaura National BLVD, Moosic
  • One Logan Square, 130 North 18th Street, Philadelphia

Registration details

Legal name
Hamilton Lane Advisors, L.L.C.
Headquarters
110 Washington Street, Suite 1300, Conshohocken, PA 19428
Phone
610-934-2222
Website
www.hamiltonlane.com
SEC file
801-55813
Structure
Pennsylvania LLC
Fiscal year end
March

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Hamilton Lane Advisors have?

Hamilton Lane Advisors has 232 clients and manages $141.8 billion for them, as of June 2026. They include 87 pooled investment vehicles, 56 pension and profit-sharing plans and 21 state or municipal government entities.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 June 2026

What services does Hamilton Lane Advisors offer?

Hamilton Lane Advisors provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and educational seminars.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Hamilton Lane Advisors use?

Hamilton Lane Advisors’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $26,870,309,001 and Northern Trust (Chicago, IL), with $13,079,179,392. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 June 2026

How many financial advisors does Hamilton Lane Advisors have?

Hamilton Lane Advisors has 0 investment adviser representatives registered with state securities authorities, out of 740 employees, and 257 perform investment advisory functions. 44 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Hamilton Lane Advisors invest in?

At the end of its last fiscal year, Hamilton Lane Advisors’ separately managed accounts held 100% pooled vehicles (private funds and similar). It advises 553 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Hamilton Lane Advisors?

Hamilton Lane Advisors is owned through a chain of holding companies by Hartley Rogers. Its direct owners are Hla Investments, LLC (10% to 25%) and Hamilton Lane Inc (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 26 June 2026

How does Hamilton Lane Advisors get paid?

Hamilton Lane Advisors is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 26 June 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 107876.
  3. Form 13F-HR, filed 13 July 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Hamilton Lane Advisors, L.L.C. and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.