Hamilton Lane Advisors, L.L.C.
SEC-registered
Investment Adviser · Mega ($100B+)
CRD 107876
· SEC file 801-55813
· Conshohocken, PA
· explore.hamiltonlane.com
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ADV data as of Jun 26, 2026
- Regulatory AUM
- $142B
- Discretionary
- $142B
- Clients
- 232
- Avg AUM / client
- $611M
- Accounts
- 232
- Employees
- 740
AUM over time
$124B
$902B
Mar 2012
Mar 2026
Annual snapshots from Form ADV filings · as of Jun 26, 2026
Asset allocation (SMA assets by investment type)
as of Jun 26, 2026
Pooled investment vehicles
$142B
100%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Investments (13F portfolio — 14 positions, $148,587,496)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Cerebras Systems Inc. | COM | $52,665,184 | 238,304 | 35.4% | 0.04% |
| 2 | Blue Owl Capital Corporation | COM | $37,025,720 | 3,406,230 | 24.9% | 0.03% |
| 3 | Granite Ridge Resources, Inc. | COM | $29,823,167 | 6,762,623 | 20.1% | 0.02% |
| 4 | Toast, Inc. | COM | $11,141,632 | 400,490 | 7.5% | 0.01% |
| 5 | Ion Q, Inc. | COM | $10,385,700 | 195,000 | 6.99% | 0.01% |
| 6 | Chime Financial, Inc. | COM | $2,644,009 | 129,102 | 1.78% | 0.0% |
| 7 | Samsara Inc. | COM | $2,631,143 | 81,133 | 1.77% | 0.0% |
| 8 | Coursera, Inc. | COM | $983,819 | 174,436 | 0.66% | 0.0% |
| 9 | Navan, Inc. | COM | $380,808 | 16,651 | 0.26% | 0.0% |
| 10 | Evolv Technologies Holdings | COM | $329,388 | 56,791 | 0.22% | 0.0% |
| 11 | 374 Water, Inc. | COM | $304,433 | 160,228 | 0.2% | 0.0% |
| 12 | Medline Inc. | COM | $226,464 | 5,742 | 0.15% | 0.0% |
| 13 | Alector, Inc. | COM | $28,944 | 14,400 | 0.02% | 0.0% |
| 14 | Humacyte, Inc. | COM | $17,085 | 21,893 | 0.01% | 0.0% |
Top 25 of 14 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | 8 | $3.0B | 2.13% |
| Investment companies | 6 | $6.6B | 4.65% |
| Pooled investment vehicles (non-investment companies) | 87 | $44.9B | 31.7% |
| Pension and profit sharing plans | 56 | $30.8B | 21.7% |
| Charitable organizations | 2 | $482M | 0.34% |
| State or municipal government entities | 21 | $36.8B | 26.0% |
| Other investment advisers | 1 | $842K | 0.0% |
| Insurance companies | 20 | $11.8B | 8.33% |
| Sovereign wealth funds and foreign official institutions | 8 | $1.7B | 1.22% |
| Corporations and other businesses | 4 | $1.0B | 0.71% |
| Other | 19 | $4.6B | 3.27% |
Private funds (433)
View all →Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $94.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Green Core Fund, L.P. | Private Equity Fund | Cayman Islands | $4.4B | 2 |
| Hl Private Assets Holdings Lp master | Private Equity Fund | Cayman Islands | $3.8B | 2 |
| Hamilton Lane Global Private Assets Fund master | Other Private Fund | Luxembourg | $3.7B | 381 |
| Hlsf V Holdings Lp master | Private Equity Fund | Delaware | $3.5B | 3 |
| Hamilton Lane Secondary Fund V Lp master | Private Equity Fund | Delaware | $2.5B | 42 |
| Toranomon Private Equity 2 Lp master | Private Equity Fund | Cayman Islands | $1.9B | 2 |
| Toranomon Private Equity 2 Aiv Lp feeder | Private Equity Fund | Cayman Islands | $1.9B | 1 |
| Tarragon Master Fund Lp master | Private Equity Fund | Delaware | $1.9B | 2 |
| Tarragon Lp feeder | Private Equity Fund | Cayman Islands | $1.9B | 1 |
| Hamilton Lane Co Investment Fund Iv Holdings Lp master | Private Equity Fund | Delaware | $1.8B | 3 |
| Hamilton Lane Co Investment Fund Iv Holdings 2 Lp master | Private Equity Fund | Delaware | $1.8B | 1 |
| Hamilton Lane Co Investment Fund Iv Lp feeder | Private Equity Fund | Delaware | $1.6B | 28 |
| Fourth Stockholm Global Private Equity L.P. | Private Equity Fund | Delaware | $1.2B | 2 |
| Hamilton Lane Secondary Feeder Fund V B Lp feeder | Private Equity Fund | Delaware | $1.2B | 52 |
| Fifth Stockholm Global Private Equity Lp feeder | Private Equity Fund | Delaware | $1.2B | 2 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Gustavus Adolphus College EIN 410695524 | Saint Peter, MN | 05/31/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Local Union No. 124 I. B. E. W. Pension Trust Fund Ibew Local Union No. 124 Pension Trust Fund | 2024 | |
| Carpenters Pension Trust Fund For Northern California Carpenters Pension Trust Fund | 2024 | |
| Laborers Local 57 Industrial Pension Plan Trustees Of Laborers Local 57 Industrial Pension | 2024 | |
| Plumbers & Steamfitters Local 21 Pension Fund Board Of Trustees P&S Local 21 Pension Fund | 2024 | |
| New York District Council Of Carpenters Pension Pl Board Of Trustees Of Nycdcc Pension Fund | 2024 | |
| Ufcw International Union Industry Variable Annuity Pension Plan Trustees Of The Ufcw International Union Industry Variable Annuity P | 2024 | |
| Southern California Ibew Neca Pension Plan Board Of Trustees, Southern California Ibew Neca | 2024 | |
| Electrical Workers Local No. 292 Pension Plan Trustees Electrical Workers Local No.292 Pension Plan | 2024 | |
| Pipe Trades Services Mn Pension Fund Trustees Of The Pipe Trades Services Mn Pension Trust | 2024 | |
| Ohio Carpenters' Pension Plan Trustees Of Ohio Carpenters' Pension Plan | 2024 | |
| N.E.C.A. I.B.E.W. Local Union No. 35 Pension Fund Bd Of Trustees N.E.C.A. I.B.E.W. Local Union No. 35 Pension Fund | 2024 | |
| Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund Bd Ttees Sheet Metal Workers' Local 100 Washington | 2024 | |
| Central Pension Fund Of The Iuoe & Participating Employers Board Of Trustees Of The Cpf Of The Iuoe And Participating Employers | 2024 | |
| Thrivent Individual Pension Account Plan Thrivent Financial For Lutherans | 2024 | |
| Screen Actors Guild Producers Pension Plan Board Of Trustees Screen Actors Guild Producers | 2024 | |
| Iam National Pension Fund Board Of Trustees Of The I.A.M. National Pension Fund | 2024 | |
| Bac Local No. 1 Washington Pension Trust Bac Local No. 1 Washington Pension Trust | 2024 | |
| Operative Plasterers & Cement Masons Officers & Employees Pension Fund Operative Plasterers & Cement Masons Off & Emp Pension Fund Trste | 2024 | |
| American Electric Power System Retirement Plan American Electric Power Service Corporation | 2024 | |
| Bricklayers Pension Plan Of Western Pa Bricklayers Pension Fund Trustees | 2024 | |
| American Federation Of Musicians And Employers' Pension Fund And Subsidiary Board Of Trustees Of The American Federation Of Musicians And Employe | 2024 | |
| Brotherhood Of Locomotive Engineers And Trainmen Long Island Pension Fund Board Of Trustees | 2024 | |
| Painting Industry Annuity Fund Board Of Trustees Of The Painting Industry Annuity Fund | 2024 | |
| Sheet Metal Workers Local Union No. 17 Supplemental Pension Plan Bot Sheet Metal Workers Local Union No.17 Supplemental Pension Fund | 2024 | |
| Ufcw Union Local 919 & Contributing Employers' Food Pension Fund Ufcw Union Local 919 & Contributing Empl Pension | 2024 | |
| Southern Ct Ibew Pension Plan Board Of Trustees Southern Ct Ibew Pension Fund | 2024 | |
| Warehouse Employees Union Local No. 730 Pension Trust Fund Board Of Trustees Of Warehouse Employees Local No. 730 Pension Trust F | 2024 | |
| Hollow Metal Pension Fund Hollow Metal Pension Fund | 2024 | |
| Rocky Mountain Ufcw Unions And Employers Retail And Meat Pension Plan Trustees Of The Rocky Mountain Ufcw Pension Plan C/O Zenith American S | 2024 | |
| Marsh & Mclennan Companies Retirement Plan Marsh & Mclennan Companies, Inc. | 2024 | |
| Pension Fund For Hospital And Health Care Employees, Philadelphia And Vicinity Pension Fund For Hospital And Health Care Employees | 2024 | |
| International Brotherhood Of Electrical Workers Local Union 98 Pension Plan Board Of Trustees International Brotherh Electrical Workers Pension Pl | 2024 | |
| Pension Plan For Employees At Ornl Ut Battelle, Llc | 2024 | |
| Twu Westchester Private Bus Lines Pension Trust Twu Westchester Private Bus Lines Pension Trust | 2024 | |
| I.B.E.W. Local Union # 654 Defined Benefit Pension Plan Ibew Lu 654 Pension Fund Trustees | 2024 | |
| Pension Fund Of Cement Masons Union Local No. 502 Board Of Trustees Cement Masons' Pension Fund | 2024 | |
| Marathon Petroleum Retirement Plan Marathon Petroleum Company Lp | 2024 | |
| Speedway Retirement Plan Marathon Petroleum Company Lp | 2024 | |
| Central Pennsylvania Teamsters Defined Benefit Plan Central Pennsylvania Teamsters Pension Fund, Trustees | 2024 | |
| 32 Bj Connecticut Pension Fund Bd Of Trustees 32 Bj Connecticut Pension Fund | 2024 | |
| Laundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers United Trustees Of The Laundry,Dry Cleaning Wo Rkers And Allied Industries Re | 2024 | |
| International Brotherhood Of Electrical Workers Local Union No 226 Open End Pension Fund Ibew Local Union No 226 Pension Fund | 2024 | |
| New England Health Care Employees Pension Plan Board Of Trustees New England Health Care Employees Pension Fund | 2024 | |
| Central Pennsylvania Teamsters Retirement Income Plan 1987 Central Pennsylvania Teamsters Pension Fund, Trustees | 2024 | |
| Roofers Union Local No.33 Pension Fund Roofers Union Local No.33 Pension Fund | Stoughton, MA | 2024 |
| Eastern Shore Teamsters Pension Fund Board Of Trustees Of The Eastern | 2024 | |
| Construction Industry Laborers Pension Fund Construction Industry Laborers Pension Fund | 2024 | |
| Carpenters Pension Fund Of Illinois Board Of Trustees Of Carpenters Pension Fund Of Illinois | Downers Grove, IL | 2024 |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Rogers, Hartley, Raymond | Co Chairman | Dec 2003 (23y) | ≈ 3.75% – 18.75% via Hrhla, Llc | |
| Giannini, Mario, Lucio | Co Chairman | Apr 2006 (20y) | ≈ 0% – 5% via Hamilton Lane Advisors Inc | |
| Gavalis, Lydia, Ann | General Counsel | Apr 2017 (9y) | Less than 5% | |
| Shin, Robert, Dong | Chief Compliance Officer | Nov 2021 (5y) | Less than 5% | |
| Anigati, Andrea, Frances | Chief Operating Officer | May 2023 (3y) | Less than 5% | |
| Schardt, Andrew, Lemoyne | Vice Chairman | Jul 2023 (3y) | Less than 5% | |
| Armbrister, Jeffrey, Brian | Chief Financial Officer | Aug 2023 (3y) | Less than 5% | |
| Delgado Moreira, Juan, Manuel | Co Chief Executive Officer | Jan 2024 (3y) | Less than 5% | |
| Hirsch, Erik, Robert | Co Chief Executive Officer | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Hamilton Lane Inc | Managing Member | Mar 2017 | A | 50% – 75% |
| Hla Investments, Llc | Member | Dec 2003 | A | 10% – 25% |
| Hl Management Investors Llc | Member | Dec 2003 | A | 5% – 10% |
| Hamilton Lane Advisors Inc | Member | Jun 2000 | A | Less than 5% |
| Hrhla, Llc | Member | Dec 2003 | B | ≈ 7.5% – 25% via Hla Investments, Llc |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Rogers, Hartley, Raymond: 50% – 75% of Hrhla, Llc × 75% – 100% of Hla Investments, Llc × 10% – 25% direct ≈ 3.75% – 18.75% of the firm
- Giannini, Mario, Lucio: 75% – 100% of Hamilton Lane Advisors Inc × 0% – 5% direct ≈ 0% – 5% of the firm
- Hrhla, Llc: 75% – 100% of Hla Investments, Llc × 10% – 25% direct ≈ 7.5% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (433, $94.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Green Core Fund, L.P. | Private Equity Fund | $4.4B | $0 | 2 |
| Hl Private Assets Holdings Lp | Private Equity Fund | $3.8B | $0 | 2 |
| Hamilton Lane Global Private Assets Fund | Other Private Fund | $3.7B | $125K | 381 |
| Hlsf V Holdings Lp | Private Equity Fund | $3.5B | $0 | 3 |
| Hamilton Lane Secondary Fund V Lp | Private Equity Fund | $2.5B | $5.0M | 42 |
| Toranomon Private Equity 2 Lp | Private Equity Fund | $1.9B | $0 | 2 |
| Toranomon Private Equity 2 Aiv Lp | Private Equity Fund | $1.9B | $0 | 1 |
| Tarragon Master Fund Lp | Private Equity Fund | $1.9B | $0 | 2 |
| Tarragon Lp | Private Equity Fund | $1.9B | $0 | 1 |
| Hamilton Lane Co Investment Fund Iv Holdings Lp | Private Equity Fund | $1.8B | $5.0M | 3 |
| Hamilton Lane Co Investment Fund Iv Holdings 2 Lp | Private Equity Fund | $1.8B | $5.0M | 1 |
| Hamilton Lane Co Investment Fund Iv Lp | Private Equity Fund | $1.6B | $5.0M | 28 |
| Fourth Stockholm Global Private Equity L.P. | Private Equity Fund | $1.2B | $0 | 2 |
| Hamilton Lane Secondary Feeder Fund V B Lp | Private Equity Fund | $1.2B | $5.0M | 52 |
| Fifth Stockholm Global Private Equity Lp | Private Equity Fund | $1.2B | $0 | 2 |
| Hamilton Lane Equity Opportunities Fund V Holding Lp | Private Equity Fund | $1.1B | $0 | 4 |
| Hlsf Iv Holdings Lp | Private Equity Fund | $1.1B | $0 | 3 |
| Hlsf Vi Holdings 2 Lp | Private Equity Fund | $1.1B | $0 | 2 |
| Sreh Hl Pe 1 (Master) Lp | Private Equity Fund | $950M | $0 | 2 |
| Sreh Hl Pe 1 Lp | Private Equity Fund | $943M | $0 | 1 |
| Hlas Global Coinvest Lp | Private Equity Fund | $877M | $0 | 2 |
| Libra Taurus Pe Fund Master Lp | Private Equity Fund | $868M | $0 | 2 |
| Hamilton Lane Equity Opportunities Fund V B Lp | Private Equity Fund | $854M | $5.0M | 65 |
| Libra Taurus Investments Ltd. | Private Equity Fund | $846M | $0 | 1 |
| Libra Taurus Pe Fund | Private Equity Fund | $844M | $0 | 2 |
Top 25 of 433 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (48)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Local Union No. 124 I. B. E. W. Pension Trust Fund | Ibew Local Union No. 124 Pension Trust Fund | 2,514 | $384M | 09/01/2024 |
| Carpenters Pension Trust Fund For Northern California | Carpenters Pension Trust Fund | 19,200 | $6.6B | 09/01/2024 |
| Laborers Local 57 Industrial Pension Plan | Trustees Of Laborers Local 57 Industrial Pension | 1,436 | $338M | 07/01/2024 |
| Plumbers & Steamfitters Local 21 Pension Fund | Board Of Trustees P&S Local 21 Pension Fund | 644 | $295M | 07/01/2024 |
| New York District Council Of Carpenters Pension Pl | Board Of Trustees Of Nycdcc Pension Fund | 10,331 | $5.4B | 07/01/2024 |
| Ufcw International Union Industry Variable Annuity Pension Plan | Trustees Of The Ufcw International Union Industry Variable Annuity P | 33,689 | $300M | 07/01/2024 |
| Southern California Ibew Neca Pension Plan | Board Of Trustees, Southern California Ibew Neca | 8,335 | $1.6B | 07/01/2024 |
| Electrical Workers Local No. 292 Pension Plan | Trustees Electrical Workers Local No.292 Pension Plan | 2,466 | $447M | 05/01/2024 |
| Pipe Trades Services Mn Pension Fund | Trustees Of The Pipe Trades Services Mn Pension Trust | 4,758 | $1.6B | 05/01/2024 |
| Ohio Carpenters' Pension Plan | Trustees Of Ohio Carpenters' Pension Plan | 12,519 | $2.1B | 05/01/2024 |
| N.E.C.A. I.B.E.W. Local Union No. 35 Pension Fund | Bd Of Trustees N.E.C.A. I.B.E.W. Local Union No. 35 Pension Fund | 408 | $84.8M | 05/01/2024 |
| Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund | Bd Ttees Sheet Metal Workers' Local 100 Washington | 1,336 | $392M | 04/01/2024 |
| Central Pension Fund Of The Iuoe & Participating Employers | Board Of Trustees Of The Cpf Of The Iuoe And Participating Employers | 104,686 | $27.4B | 02/01/2024 |
| Thrivent Individual Pension Account Plan | Thrivent Financial For Lutherans | 4,607 | $1.3B | 01/01/2024 |
| Screen Actors Guild Producers Pension Plan | Board Of Trustees Screen Actors Guild Producers | 31,218 | $5.3B | 01/01/2024 |
| Iam National Pension Fund | Board Of Trustees Of The I.A.M. National Pension Fund | 102,863 | $15.0B | 01/01/2024 |
| Bac Local No. 1 Washington Pension Trust | Bac Local No. 1 Washington Pension Trust | 737 | $163M | 01/01/2024 |
| Operative Plasterers & Cement Masons Officers & Employees Pension Fund | Operative Plasterers & Cement Masons Off & Emp Pension Fund Trste | 325 | $109M | 01/01/2024 |
| American Electric Power System Retirement Plan | American Electric Power Service Corporation | 15,217 | $4.1B | 01/01/2024 |
| Bricklayers Pension Plan Of Western Pa | Bricklayers Pension Fund Trustees | 253 | $54.6M | 01/01/2024 |
| American Federation Of Musicians And Employers' Pension Fund And Subsidiary | Board Of Trustees Of The American Federation Of Musicians And Employe | 19,513 | $3.2B | 01/01/2024 |
| Brotherhood Of Locomotive Engineers And Trainmen Long Island Pension Fund | Board Of Trustees | 557 | $88.3M | 01/01/2024 |
| Painting Industry Annuity Fund | Board Of Trustees Of The Painting Industry Annuity Fund | 5,406 | $884M | 01/01/2024 |
| Sheet Metal Workers Local Union No. 17 Supplemental Pension Plan | Bot Sheet Metal Workers Local Union No.17 Supplemental Pension Fund | 1,667 | $165M | 01/01/2024 |
| Ufcw Union Local 919 & Contributing Employers' Food Pension Fund | Ufcw Union Local 919 & Contributing Empl Pension | 4,271 | $470M | 01/01/2024 |
Top 25 of 48 plans by assets.
From Form 5500 service-provider disclosures.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Gustavus Adolphus College | Public charity | $557M | 05/31/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/26/2026 | 116 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
Custody
Reported custodians
- State Street $196B (23% of AUM) Jun 2023
- Saudi Investment Bank $97.7B (11% of AUM) Jun 2023
- BNY Mellon $26.9B (19% of AUM) Jun 2026
- J.P. Morgan $21.9B (16% of AUM) Jun 2025
- Northern Trust $13.1B (9% of AUM) Jun 2026
- Citizens Bank, National Association $9.5B (7% of AUM) Jun 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 26, 2026.
View current Form ADV (SEC/IAPD) ↗