Recommendation Report
Hamilton Lane
Key Terms¹
Investment Period
Fund Term
Term
Fee
Management
GP Commitment
Fee Discount
Fee Offset
Fund VI
Clawback
Alignment II
Fund VI
Alignment II
Organization Expenses
Carry/Preferred Return
GP Catch-up
5 years
10 years; + 2 one-year extensions with advisory board approval; + additional extensions with 66%
limited partner approval
10 years; + 1 one-year extension at the discretion of the General Partner; + 1 one-year extension with
advisory board approval; + additional extensions with 66% limited partner approval
Summary
1.0% (at least $11 million and $15 million, respectively)
2.0% of aggregate commitments stepping down to 2.0% of net invested capital during the post-
investment period
100%
The sum of 0.25% of aggregate commitments and 1.25% of net invested capital stepping down to
1.25% of net invested capital during the post-investment period
None
Executive Summary (cont.)
None
$1.5 million and $2.0 million, respectively
Fund VI: 20%/none; full return of contributions ; Alignment II: 20%/8%; full return of contributions
Yes
1 Refers to the terms proposed by the General Partner as of July 2021; terms are subject to change during fundraising
December 2021 | Proprietary and Confidential
Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices
Georgian Growth Fund VI, LP & Georgian Alignment Fund II, LP | Page 5View entire presentation