Recommendation Report slide image

Recommendation Report

● Hamilton Lane The table below represents the net IRR returns in USD ($mm) Fund Fund I Fund II Fund III Fund IV Fund V Alignment I Total ($mm) Fund Fund I Fund II Fund III Fund IV Fund V Alignment I Total Amount Invested Vintage $66.2 19.6 89.5 65.2 0.0 0.0 $240.6 2008 2013 2016 2018 2019 2021 Georgian Partners Realized Investment Performance¹ As of 9/30/21 # of Inv. Real. 11 3 4 2 0 0 20 $164.1 64.1 236.3 173.1 0.0 0.0 $637.7 Total 11 12 13 14 14 5 69 Amount Unrealized Gross Realized Value Mult. December 2021 | Proprietary and Confidential Georgian Partners Prior Investment Performance¹ As of 9/30/21 $2.5 0.0 2.5x 3.3x 2.8x 6.4 2.8x 0.0 n/a 0.0 n/a $20.5 2.7x 11.6 Fund Size $63 194 375 550 850 900 Gross IRR 24.3% 39.5% 35.0% 62.4% n/a n/a 30.0% Amount Invested ¹ Cash flows for Funds I and II were provided in CAD and converted to USD using the OANDA spot rate $66.2 190.9 415.8 479.6 502.7 766.8 $2,422.0 ($mm) Fund Fund I Fund II Fund III Fund IV Fund V Alignment I Total Amount Realized $164.1 138.8 278.7 173.1 0.0 0.0 $754.8 Amount Invested Track Record (cont.) Unrealized Gross Value Mult. $0.0 171.3 326.3 414.4 502.7 766.8 $2,181.4 $2.5 2.5x 386.1 2.8x 488.5 1.8x 972.8 2.4x 1,214.6 2.4x 1,114.7 1.5x $4,179.4 2.0x Georgian Partners Unrealized Investment Performance¹ As of 9/30/21 Gross IRR $0.0 74.7 42.4 0.0 0.0 0.0 $117.1 24.3% 24.4% 21.0% 49.8% 127.6% 55.1% 34.3% Amount Unrealized Gross Realized Value Mult. Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices $0.0 n/a 386.1 2.7x 1.6x 476.9 966.4 2.3x 1,214.6 2.4x 1,114.7 1.5x $4,158.8 2.0x Gross IRR n/a 22.2% 15.4% 47.5% 127.6% 55.1% 37.2% Georgian Growth Fund VI, LP & Georgian Alignment Fund II, LP | Page 23
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