The forward-looking statements are based on the Fund's and Hamilton Lane's beliefs, assumptions and expectations, taking into account all information currently available to them. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Fund or Hamilton Lane or are within their control. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, including (1) changes in political, economic or industry conditions; (2) the impact of increased competition; (3) the impact of legislative and regulatory actions and reforms; (4) the performance of the Fund's investments; and (5) Hamilton Lane's ability to attract and retain key employees.