汉密尔顿巷 HLNE

Mr. Hirsch has served as our Co-Chief Executive Officer since 2024. In this role, he is responsible for the firm's strategic direction and operations. Mr. Hirsch also serves on our board of directors and is a member of various investment committees of HLA. Mr. Hirsch previously served as our Vice Chairman and Head of Strategic Initiatives from 2016 to 2023. Prior to becoming our Vice Chairman, he served as Chief Investment Officer of HLA from 2003 to 2016. Prior to becoming Chief Investment Officer, Mr. Hirsch held the positions of Managing Director, Vice President and Associate. Before joining HLA in 1999, Mr. Hirsch was a corporate investment banker in the merger and acquisition department of Brown Brothers Harriman & Co. from 1998 to 1999. From 1995 to 1998, he was a municipal financial consultant with Public Financial Management, specializing in asset securitization, strategic consulting and sport stadium financings. On HLA's behalf, Mr. Hirsch serves on the board of directors of Novata, a technology platform that provides the private markets with environmental, social and governance data collection and benchmarking and of which Hamilton Lane is a founding member, and as an observer on the board of directors of TIFIN, a tech-enabled wealth management platform and strategic partner of HLA. Mr. Hirsch is also Chair and Trustee of the College of Arts & Sciences Foundation at the University of Virginia and serves on the board of the Sixers Youth Foundation. He served on the boards of Kalamata's Kitchen and the University of Virginia's Center for Politics until 2024. He received a B.A. from the University of Virginia.

Mr. Delgado-Moreira has served as our Co-Chief Executive Officer since 2024. In this role, he oversees the firm's global sales efforts and client service organization. Mr. Delgado-Moreira also serves on our board of directors and is a member of various investment committees of Hamilton Lane Advisors, L.L.C. (HLA), our operating company. Mr. Delgado-Moreira served as our Vice Chairman from 2018 to 2023, in which role he oversaw our Asian investment activities and client relationships. Prior to joining the firm in 2005, Mr. Delgado-Moreira was an Investment Manager at Baring Private Equity Partners Ltd. in London, where he focused on mid-market private equity in Europe. Previously, Mr. Delgado-Moreira held senior research positions at institutions in the United Kingdom, including the University of Essex, and was a lecturer and Fulbright Scholar at Stanford University. Mr. Delgado-Moreira began his career as an analyst in Madrid, Spain at the Sociedad Estatal de Participaciones Industriales (formerly known as the Instituto Nacional de Industria). He received a B.A. in Political Science and Sociology and a Ph.D. in Research Methods/Statistics from the Universidad Complutense de Madrid. He is a CFA charterholder and a member of the CFA Institute.

Mr. Armbrister has served as our Chief Financial Officer and Treasurer since 2023. Prior to becoming our Chief Financial Officer, Mr. Armbrister served as our Global Head of Direct Equity Investments from 2019 to 2023. In that role, Mr. Armbrister was responsible for the direction and oversight of the firm's direct equity/co-investment platform. Mr. Armbrister joined the Company in 2018 as a Managing Director. Prior to joining the Company, Mr. Armbrister worked for Versa Capital Management from 2003 to 2018, serving as a Managing Director from 2013 to 2018, where he focused on making control-oriented, special situations, debt and equity investments in middle market companies across a variety of industries. While at Versa, Mr. Armbrister participated in all major investment functions, and his responsibilities included origination, underwriting, transaction execution and portfolio company development. He also performed and provided oversight for certain finance-related operational activities, including financial analysis and reporting and cash flow management for a number of portfolio companies while at Versa and in prior roles. Prior to joining Versa in 2003, Mr. Armbrister was an Equity Research analyst at Oppenheimer + Close. He has also held private equity, venture capital, corporate development and investment banking positions at Berwind Financial Group, Redleaf Group, ICG Commerce and Wheat First Butcher Singer, respectively. Mr. Armbrister currently serves on the boards of two of our direct equity portfolio companies and on the boards or similar bodies of several charitable and non-profit organizations. He received a B.A. in Economics from the University of Virginia.

Ms. Gavalis has been our General Counsel and Secretary since 2017. She is responsible for Hamilton Lane's global legal affairs, directly and through her legal team. Prior to joining the firm in 2016, Ms. Gavalis worked for SEI Investments Company for more than 18 years where she served as Division General Counsel of SEI's Institutional Investors business segment, General Counsel for both SEI Private Trust Company, a U.S. federal savings association, and SEI Trust Company, a U.S. state-charted trust company, Head of SEI's Corporate Legal Services team and Director & General Counsel of the company's London-based asset management firm, SEI Investments (Europe) Limited. She received a B.A. from Rosemont College, where she received the E.R.S. Law School award, and a J.D. from Temple University School of Law. She is a member of the bar of the Commonwealth of Pennsylvania.

Ms. Varon is a member of our board of directors, Chair of its audit committee, and serves on its compensation committee. She served as Chief Financial Officer of Xerox Corporation from 2015 through 2016 during which time she led the restructuring of the $18 billion business process services, printing equipment, software and solutions company, including the successful spin-off of its $7 billion services business. After that transaction, she became Special Advisor to the new Xerox Chief Executive Officer until 2017 when she retired from the company. Prior to becoming Chief Financial Officer at Xerox, she was briefly Vice President of Investor Relations from March 2015 through October 2015. Before that, she served Xerox as Vice President of Finance & Corporate Controller from 2006 to 2015, where she oversaw global financial operating executives and had responsibility for corporate financial planning and analysis, accounting, internal audit, risk management, global real estate and worldwide shared services centers. Earlier in her career, Ms. Varon was Vice President Finance & Operations support for Xerox's North American business, Vice President Xerox Investor Relations and Corporate Secretary and Director of Corporate Audit. From 2006 to 2017, she served on the board of Xerox International Partners, a joint venture between Xerox Corporation and Fuji Xerox Corporation, representing Xerox Corporation's ownership stake. Ms. Varon serves on the board of Dentsply Sirona Inc. (Nasdaq: XRAY) and currently serves on its audit committee and its corporate governance and nominating committee having previously served as Chair of its audit committee. She served on the board of Lam Research Corporation (Nasdaq: LRCX) until 2024. She received a B.A. from Binghamton University and an M.B.A. with concentrations in finance and marketing from Virginia Polytechnic Institute and State University.

Mr. Sexton is a member of our board of directors and serves on its audit and compensation committees. He served on the board of HLA from 2003 until our initial public offering (IPO) in 2017. From 2000 to 2020, he was a visiting lecturer at Princeton University, where he taught courses in corporate finance, and he was an adjunct professor of finance at Columbia Business School from 1995 to 2010. Prior to working in academia, Mr. Sexton was an investment banking professional at Morgan Stanley from 1973 to 1995, where he served as a Managing Director from 1985 to 1995. His responsibilities included the development and execution of advisory assignments involving major corporate transactions such as mergers, acquisitions, divestitures, corporate defense, recapitalizations, financial restructurings, joint ventures, spin-offs and squeeze outs. He has served as an advisory director of Morgan Stanley from 1995 to 2005 and from 2014 to the present. Mr. Sexton was a member of the board of directors of Morgan Stanley from 2005 to 2014 and of Investor AB, a publicly traded Swedish investment company, from 2003 to 2015. He received a B.S.E. cum laude from Princeton and an M.B.A. from Stanford and is a former U.S. naval aviator and Vietnam veteran.

Since 2018, Dr. Graves has served as Executive Director of the Brandcenter at Virginia Commonwealth University (VCU), a master's program for advertising, branding and creative problem-solving that is part of the VCU School of Business. Prior to joining the Brandcenter, Dr. Graves served as Chief Creative Officer at the advertising agency of J. Walter Thompson, Atlanta, from 2015 to 2018; EVP, Global Executive Creative Director and Group Creative Director at the advertising agency of McCann New York from 2009 to 2015; Chief Creative Officer at the multicultural marketing and advertising agency of Uniworld Group, New York from 2007 to 2009; VP, Creative Director at the advertising agency of BBDO New York from 1993 to 2007; and he was a Co-Founder at FL+G, a full-service branding agency in Denver, Colorado. Dr. Graves is also a veteran of the United States Army, where he served as Public Affairs Officer. Dr. Graves brings creative and business expertise, having worked on some of the world's leading global brands (including Coca-Cola, MasterCard, the U.S. Army, GE, M&M's, Snickers and Visa). Throughout his career, he has put a high value on collaboration and commitment to support innovation and high-quality creative work. In addition to time spent on the Ad Council's Creative Review Committee and One Club for Creativity's AdVersity Board, he currently sits on the boards for 600 & Rising, 4A's Foundation, Virginia Public Media and The 3% Movement. A Fulbright scholar, he received a B.B.A. from Howard University, a M.S. in Communications Design from the Pratt Institute, an A.L.M. from Harvard University and an Ed.D in Higher Education Management from the University of Pennsylvania.

Mr. Rogers is our Executive Co-Chairman and serves as Chairman of our board and Chair of our board's compensation committee. He is also a member of various HLA investment committees. Prior to serving as our Executive Co-Chairman, Mr. Rogers was Chairman of the board of HLA. Prior to joining the firm in 2003, he was a Managing Director and investment committee member of DLJ Merchant Banking Partners III, a $5.3 billion private equity fund, from 2001 to 2002. Before that, he was a Managing Director in the Private Equity Division of Credit Suisse First Boston (CSFB) from 1997 to 2001. Prior to joining CSFB in 1997, Mr. Rogers was a Managing Director of Morgan Stanley, where his responsibilities included serving as President of the general partners of the Princes Gate Investors family of private equity funds. He worked at Morgan Stanley from 1981 to 1983, 1986 to 1993 and 1995 to 1997. Mr. Rogers serves as Chairman of the advisory board of Harvard Online, the online learning initiative of Harvard University. He is also the Chairman of the investment committee, Vice Chairman of the executive committee and Treasurer of the Institute of International Education. He also serves on the board of Bessemer Securities Corporation and the board of managers of Bessemer Securities LLC. He previously served on the boards of the Metropolitan Opera, the Green Vale School and the Peoples' Symphony Concerts. Mr. Rogers previously served as Chairman of Hamilton Lane Alliance Holdings I, Inc., HLA's sponsored special purpose acquisition company, until its deregistration in 2022. He received an A.B. magna cum laude from Harvard College and an M.B.A. from Harvard Business School with High Distinction, including the designation of Baker Scholar.

Mr. Giannini has served as our Executive Co-Chairman since 2024 and serves on various investment committees of HLA. Mr. Giannini served as our Chief Executive Officer for 22 years from 2001 to 2023. He also served on our board and on its compensation committee from 2017 to September 2025. Prior to becoming Chief Executive Officer, Mr. Giannini was the President of HLA from 1998 to 2001. Prior to joining the firm in 1993, he served as Executive Vice President and General Counsel of Industrial Valley Title Insurance Company from 1989 to 1992, Deputy General Counsel of Fidelity Bank in Philadelphia from 1984 to 1989 and Senior Attorney at Continental Illinois Bank in Chicago from 1979 to 1983. Mr. Giannini served on the board of Ownership Works, a nonprofit organization that works with companies and investors to provide all employees with the opportunity to build wealth through equity from 2022 to 2024. He received a B.A. from California State University, Northridge, a J.D. from Boston College and a Master of Laws degree from the University of Virginia. He is a former member of the state bars of California and Illinois.

Mr. Schmertzler was appointed to the board of directors effective July 22, 2026. Since 1998, Mr. Schmertzler has served as a Lecturer and Adjunct Professor at Yale University in the Department of Economics and School of Management. From 2018 to 2025, he also served as a Visiting Professor at Yale-NUS College Singapore. Mr. Schmertzler currently serves as director and Chairman of PTC Therapeutics, Inc. (Nasdaq: PTCT), a publicly traded biotechnology company that develops treatments for rare genetic disorders. He is also currently Chairman and a director of Berryville Holdings, a company focused on attribution and protection systems for the defense and intelligence community; Dispel, LLC, a company that builds communication networks for operational technology; and SHY Therapeutics, a biotechnology company developing cancer and infectious disease therapeutics, where he serves as Executive Chairman. He is also a director of AgNovos, a biotechnology company developing osteoporosis therapeutics. In addition, Mr. Schmertzler currently serves as a Charter Trustee of Phillips Academy Andover. Mr. Schmertzler's prior investment and corporate finance experience includes serving, from 2012 to 2020, as a post-bankruptcy independent director of Lehman Commercial Paper, Inc., the largest post-bankruptcy Lehman subsidiary. Earlier in his career, from 1997 to 2014, Mr. Schmertzler was a Managing Director at Credit Suisse First Boston Equity Partners, L.P., serving in various roles including as Chair of the Investment Committee. Prior to that, he served as a Managing Director of Morgan Stanley and held senior roles including as President of Morgan Stanley Leveraged Capital Funds, founder of its biotechnology investment banking group, head of its insurance industry investment banking group, and a Managing Director in its Mergers and Acquisitions department. Prior to 1985, he also held senior roles at Shearson Lehman Brothers Inc. where he headed its international investment banking businesses and Lehman Brothers Kuhn Loeb Inc. where he served as Chief Financial Officer and as an investment banker. He received a B.A. from Yale College in Molecular Biophysics and Biochemistry, History, and City Planning, and an M.B.A. from Harvard Business School.