---
schema_version: "secwatch.filing_event.v1"
accession: "0001433642-23-000058"
form_type: "8-K"
ticker: "HLNE"
cik: "0001433642"
company_name: "Hamilton Lane INC"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:32:41.033216+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hamilton Lane CFO Atul Varma to resign; Jeffrey Armbrister appointed CFO effective Aug 8, 2023

## Summary
- Atul Varma resigns as CFO/Treasurer effective Aug 8, 2023; will serve as senior advisor until Jan 31, 2024 or earlier if new job found.
- Jeffrey Armbrister appointed CFO/Treasurer effective Aug 8; previously Global Head of Direct Equity. Base salary $325k, FY2024 target bonus $900k, carried interest award valued at $1M.
- Additional leadership changes: Andrew Schardt Vice Chairman/Head of Direct Equity; Richard Hope Co-Head of Investments; Nayef Perry sole Head Direct Credit; Ken Binick joining as MD/Head of Execution.
- Varma receives $375k lump sum, accelerated vesting of 6,682 RSUs as of Jan 31, 2024; forfeits 6,522 unvested performance stock awards.

## SEC filing metadata
- accession: 0001433642-23-000058
- form_type: 8-K
- ticker: HLNE
- cik: 0001433642
- company_name: Hamilton Lane INC
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433642/000143364223000058/0001433642-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433642/000143364223000058/hlne-20230714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433642-23-000058
- JSON: https://secwatch.observer/filing/0001433642-23-000058.json
- Plain text: https://secwatch.observer/filing/0001433642-23-000058.txt

## Key facts
- Executive change
  Atul Varma resigned as Chief Financial Officer and Treasurer at Hamilton Lane INC.
  - Action: resigned
  - Role: Chief Financial Officer and Treasurer
  source text: On July 14, 2023, Atul Varma and Hamilton Lane Incorporated (the “Company”) reached mutual agreement that Mr. Varma will resign from his position as Chief Financial Officer and Treasurer of the Company, effective August 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433642/000143364223000058/0001433642-23-000058-index.htm
- Executive change
  Jeffrey Armbrister was appointed as Chief Financial Officer and Treasurer at Hamilton Lane INC.
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: On the same day and in connection with Mr. Varma’s resignation, the Company appointed Jeffrey Armbrister as Chief Financial Officer and Treasurer, also effective as of August 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433642/000143364223000058/0001433642-23-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.