Hamilton Lane Incorporated announced on March 27, 2023, Michael Donohue notified the company of his resignation from the roles of Principal Accounting Officer and Controller at the Company, effective April 14, 2023, to pursue another opportunity. Mr. Donohue's decision to resign is not the result of any dispute or disagreement with the Company, the Company's management or the Board of Directors of the Company on any matter relating to the Company's operations, policies or practices. On March 28, 2023, the company appointed Drew Carl as Principal Accounting Officer, effective April 14, 2023.

Mr. Carl, 41, has been its Director of External Reporting and Technical Accounting since 2017, where he oversees its Securities and Exchange Commission and external reporting and its complex accounting transactions. Prior to joining the firm in 2017, Mr. Carl was an Audit Senior Manager with Deloitte & Touche LLP in Philadelphia. He received a B.S. in Accounting from Saint Joseph's University and is a certified public accountant.

He is a member of the American and Pennsylvania Institutes of Certified Public Accountants.