HLNE · Hamilton Lane INC
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The change keeps both leaders involved in the firm. Rogers remains board chair and gets no new pay arrangement. Hirsch will work on long-term growth, but some of his awards could vest after certain departures, and he may receive a future cash award tied to technology investments. The filing gives no value for that award or evidence of a change in business results. Together, the facts point to continuity rather than a clear change in the company's prospects.