# EDGAR Filing Document

**Accession Number:** 0002047692
**File Stem:** 0001193125-26-081588
**Filing Date:** 2026-2
**Character Count:** 45670
**Document Hash:** 9bb5d8cc21ee0e6a117f9f492bebc741
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081588.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081588

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hamilton Lane Venture Capital & Growth Fund
- **CENTRAL INDEX KEY:** 0002047692

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24036
- **FILM NUMBER:** 26696651

**BUSINESS ADDRESS:**
- **STREET 1:** 110 WASHINGTON STREET, SUITE 1300
- **CITY:** CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** 888-882-8212

**MAIL ADDRESS:**
- **STREET 1:** 110 WASHINGTON STREET, SUITE 1300
- **CITY:** CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

## Nport-Ex

**Hamilton Lane Venture Capital and Growth Fund**

**Consolidated Schedule of Investments**

**December 31, 2025 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments - 186.5%†** | **Footnotes** | **Investment Type** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Direct Investments - 24.3%^** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Direct Equity - 24.3%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Middle East - 1.0%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology - 1.0%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Classiq Technologies Ltd. | \*1, 2 | Series C Preferred Equity | 4/4/2025 | $500001 | $691633<sup>#</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99,582 Series C Preferred shares) |  |  |  |  |  |
|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North America - 23.3%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Construction - 0.7%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vesta Housing, Inc. | \*1, 2 | Series B Preferred Equity | 4/4/2025 | 500000 | 505610<sup>#</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(143,790 Series B Preferred shares) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Goods - 2.3%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stripes VI Rainier Co-Invest, L.P. | \*1, 2 | Limited Partnership Interest | 10/31/2024 | 1505652 | 1540761 |
|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care - 5.9%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nusano, Inc. | \*1, 2 | Series D Preferred Equity | 12/19/2025 | 3000000 | 3000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,400,000 Series D Preferred shares) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TCV Juniper Co., L.P. | \*1, 2 | Limited Partnership Interest | 5/19/2025 | 1009381 | 1009177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Health Care** |  |  |  |  | 4009177 |
|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology - 14.4%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decibel Investments I, L.P. | \*1, 2 | Preferred Equity | 12/9/2025 | 1522500 | 1522500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IPPE Co-Invest (Horizon) DE, L.P. | \*1, 2 | Series F Preferred Equity | 8/15/2025 | 1240000 | 1275231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lightspeed SPV-A2, LLC | \*1, 2 | Series F Preferred Equity | 8/14/2025 | 523305 | 538069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sands Capital Global Innovation Fund II-DB, L.P. | \*1, 2 | Limited Partnership Interest | 12/16/2024 | 1000000 | 1664800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sands Capital Global Innovation Fund III-2 Aggregator, L.P. | \*1, 2 | Limited Partnership Interest | 5/28/2025 | 1962500 | 3358116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SVHL I, L.P. | \*1, 2 | Limited Partnership Interest | 11/18/2025 | 1505625 | 1505625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Information Technology** |  |  |  |  | 9864341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total North America** |  |  |  |  | 15919889 |
| **Total Direct Equity (Cost $14,268,964)** |  |  |  |  | 16611522 |
|  |  |  |  |  |  |
| **Secondary Investments - 71.4%^** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Secondary Direct Equity - 1.8%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North America - 1.8%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Software Solutions - 1.8%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AVC CL HL, L.P. | \*1, 2 | Limited Partnership Interest | 12/17/2024 | 855479 | 972401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Huntress Labs, Inc. (19,180 shares) | \*1, 2 | Common Stock | 6/11/2025 | 230160 | 231604<sup>#</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Software Solutions** |  |  |  |  | 1204005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total North America** |  |  |  |  | 1204005 |
| **Total Secondary Direct Equity (Cost $1,085,639)** |  |  |  |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments - 186.5%†** | **Footnotes** | **Investment Type** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Secondary Funds - 69.6%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Middle East - 4.6%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology - 2.2%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACG IV CN, L.P. | \*1, 2 | Limited Partnership Interest | 11/12/2025 | 1502589 | 1505849 |
| &nbsp;&nbsp;&nbsp;**Video Games - 2.4%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VGames, L.P. | \*1, 2, 3 | Limited Partnership Interest | 3/25/2025 | 1459971 | 1659901 |
| &nbsp;&nbsp;&nbsp;**Total Middle East** |  |  |  |  | 3165750 |
| **North America - 65.0%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Diversified - 23.9%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AH American Dynamism Fund I, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 66293 | 76138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AH Parallel Fund III, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 138014 | 253845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AH Parallel Fund IV, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 154923 | 185970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AH Parallel Fund V, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 546439 | 939176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund I, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 34391 | 42763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund II, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 31991 | 39392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund III, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 909207 | 1612734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund IV, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 334045 | 346912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund V, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 654848 | 935356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund VI, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 638940 | 854603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund VII, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 281605 | 369801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund VIII, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 236087 | 390474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz LSV Fund I, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 410849 | 693740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz LSV Fund II, L.P. | \*1, 2 | Limited Partnership Interest | 7/7/2025 | 432330 | 595375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz LSV Fund III, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 391769 | 599436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz LSV Fund IV, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 274698 | 324759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund IX - AI Applications, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 38979 | 39701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Fund IX - AI Infrastructure, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 57480 | 70456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andreessen Horowitz Seed Fund I, L.P. | \*1, 2, 3 | Limited Partnership Interest | 7/7/2025 | 95908 | 160200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insight Partners Continuation Fund III, L.P. | \*1, 2, 3 | Limited Partnership Interest | 10/8/2024 | 1641645 | 2123181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lightspeed Ascent Fund, L.P. | \*1, 2, 3 | Limited Partnership Interest | 11/20/2024 | 1365000 | 1796001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PSG Sequel-A, L.P. | \*1, 2, 3 | Limited Partnership Interest | 1/31/2025 | 957372 | 1156074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scenic Co-Invest Midnight Ride, L.P. | \*1, 2 | Limited Partnership Interest | 1/15/2025 | 1499664 | 2751695 |
| **Total Diversified** |  |  |  |  | 16357782 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments - 186.5%†** | **Footnotes** | **Investment Type** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Information Technology - 39.8%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;A Capital Partners II, L.P. | \*1, 2 | Limited Partnership Interest | 12/23/2025 | 9000000 | 12328767 |
| &nbsp;&nbsp;&nbsp;Definition I, L.P. | \*1, 2, 3 | Limited Partnership Interest | 10/31/2025 | 2756100 | 2764220 |
| &nbsp;&nbsp;&nbsp;Definition II, L.P. | \*1, 2, 3 | Limited Partnership Interest | 12/31/2025 |  |  |
| &nbsp;&nbsp;&nbsp;Forge Point Cybersecurity Fund, II, L.P. | \*1, 2 | Limited Partnership Interest | 9/30/2025 | 993905 | 1376588 |
| &nbsp;&nbsp;&nbsp;Founders Circle Capital Co-Invest Series 10, L.P. | \*1, 2 | Limited Partnership Interest | 3/14/2025 | 530035 | 816265 |
| &nbsp;&nbsp;&nbsp;Founders Circle Capital Co-Invest Series 11, L.P. | \*1, 2 | Limited Partnership Interest | 9/25/2025 | 1426279 | 1931004 |
| &nbsp;&nbsp;&nbsp;Sands Capital Global Innovation Fund III- RP, L.P. | \*1, 2 | Limited Partnership Interest | 8/14/2025 | 2000000 | 2104751 |
| &nbsp;&nbsp;&nbsp;Sapphire Opportunity Fund IV-B, L.P. | \*1, 2 | Limited Partnership Interest | 6/3/2025 | 780000 | 1010189 |
| &nbsp;&nbsp;&nbsp;SDP Special Situations LLC - Series X | \*1, 2 | Limited Partnership Interest | 3/12/2025 | 975265 | 1386951 |
| &nbsp;&nbsp;&nbsp;Springcoast Partners I-A, L.P. | \*1, 2, 3 | Limited Partnership Interest | 12/31/2025 |  |  |
| &nbsp;&nbsp;&nbsp;Vic SPV LLC | \*1, 2, 3, 4 | Limited Partnership Interest | 9/30/2025 | 2892527 | 3455614 |
| &nbsp;&nbsp;&nbsp;**Total Information Technology** |  |  |  |  | 27174349 |
| &nbsp;&nbsp;&nbsp;**Software Solutions - 1.3%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;AKKR Isosceles CV, L.P. | \*1, 2, 3 | Limited Partnership Interest | 6/26/2025 | 818622 | 857051 |
| &nbsp;&nbsp;&nbsp;**Total North America** |  |  |  |  | 44389182 |
| **Total Secondary Funds (Cost $36,327,770)** |  |  |  |  | 47554932 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest rate** | **Principal** |  | **Fair Value** |
| **Short Term Investments - 90.8%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UMB Bank, Money Market Special II Deposit Investment | 3.43%<sup>5</sup> | 4179233 | 4179233.0 | 4179233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UMB Money Market Special | 0.01%<sup>5</sup> | 57877447 | 57877447.0 | 57877447 |
| &nbsp;&nbsp;&nbsp;**Total Short Term Investments (Cost $62,056,680)** |  |  |  | 62056680 |
| **Total Investments (Cost $113,739,053)** |  |  |  | **127427139** |
| Liabilities in excess of other assets - (86.5%) |  |  |  | (59096433) |
| **Total Net Assets - 100%** |  |  |  | $**68330706** |

---

<sup>†</sup> Direct Investments are private investments directly into the equity or debt of selected operating companies, often together with the management of the company. Secondary Investments are portfolios of assets purchased on the secondary market.

^ Investments do not issue shares except where listed. Investments do not allow redemptions or withdrawals except at discretion of its general partner, manager or advisor.

\* Investment is non-income producing.

---

| | |
|:---|:---|
| <sup>#</sup> | The Fair Value is estimated by the Valuation Designee (defined below) using significant unobservable inputs and as such may not necessarily reflect the current or expected future performance of such Direct Investment or Secondary Investment or the Fair Value of the Fund's interest in such Direct Investment or Secondary Investment. Furthermore, the Fair Value has not been calculated, reviewed, verified or in any way approved by such Direct Investment or Secondary Investment or its general partner, manager or sponsor (including any of its affiliates). Please see notes to financial statements for further details regarding the valuation policy of the Fund. |

---

<sup>1</sup> Restricted Security. Investments generally issued in private placement transactions and as such generally restricted as to resale. Each investment may have been purchased on various dates and for different amounts. The date of the first purchase is reflected under Acquisition Date as shown in the Schedule of Investments. Total fair value of restricted investments as of December 31, 2025 was $65,370,459, or 95.7% of net assets.

<sup>2</sup> All or a portion of this security is held through HL VCGF Splitter LLC.

<sup>3</sup> Investment has been committed to but has not been fully funded by the Fund.

<sup>4</sup> Affiliated Security.

<sup>5</sup> The rate is the annualized seven-day yield at year end.

*See accompanying Notes to Consolidated Schedule of Investments*

**Hamilton Lane Venture Capital and Growth Fund**

**NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS**

**December 31, 2025 (Unaudited)**

**Note 1 – Fair Value of Financial Instruments**

The Fund values its investments at fair value in accordance with FASB ASC 820, *Fair Value Measurement* ("***ASC 820***"). The fair value of the Fund's assets which qualify as financial instruments approximates the carrying amounts presented in the Consolidated Statement of Assets and Liabilities.

Rule 2a-5 under the Investment Company Act ("***Rule 2a-5***") establishes requirements for determining fair value in good faith for purposes of the Investment Company Act. Rule 2a-5 permits fund boards to designate certain parties to perform fair value determinations, subject to board oversight and certain other conditions. Rule 2a-5 also defines when market quotations are "readily available" for purposes of the Investment Company Act and the threshold for determining whether a fund must fair value a security. In connection with Rule 2a-5, the SEC adopted related recordkeeping requirements and rescinded previously issued guidance, including with respect to the role of a board in determining fair value and the accounting and auditing of fund investments. Effective December 5, 2024, and pursuant to the requirements of Rule 2a-5, the Fund's Board of Trustees (the "***Board***") designated the Adviser as its valuation designee (in such capacity, the "***Valuation Designee***") to perform fair value determinations and approved new valuation procedures for the Fund.

The Fund's investments are generally not publicly traded, and thus, market quotations are not available to be used for valuation purposes. Therefore, the Adviser is required to value these investments at estimated fair values, using present value and other subjective valuation techniques. In determining the fair value of an investment for which there are no readily available market quotations, the Valuation Designee may consider pre-acquisition and annual financial reporting summaries from a Portfolio Fund, comparable company factors, including fundamental analytical data relating to the investment, the nature and duration of any restriction on the disposition of the investment, the cost of the investment at the date of purchase, the liquidity of the market for the investment, the price of such investment in a meaningful private or public investment or merger or acquisition of the issuer subsequent to the Fund's investment therein, or the per share price of the investment to be valued in recent verifiable transactions.

Certain Portfolio Funds and Direct Investments are valued based on the latest net asset value ("***NAV***") reported by the third-party fund manager or general partner. This is commonly referred to as using NAV as a practical expedient which allows for estimation of the fair value of a private investment based on NAV or its equivalent if the NAV of the private fund is calculated in a manner consistent with ASC 946. In cases where the NAV of the private investment is not available as of the measurement date, the Valuation Designee estimates NAV based upon the most recent NAV provided from the third-party manager or general partner, as adjusted for other information available at the time the portfolio is valued. Such adjustments may include adjustments for additional capital contributions or distributions, as well as market adjustments determined by the Valuation Designee based upon the returns of public market indices and the historical alignment of such public market indices against private indices of a similar strategy to the investment.

For portfolio investments that are publicly traded and for which market quotations are available, valuations are generally based on the closing sales prices, or an average of the closing bid and ask prices, as of the valuation date.

Under the Fund's valuation procedures adopted by the Board, the Board has delegated day-to-day responsibility for fair value determinations and pricing to the Valuation Designee subject to the oversight of the Board. The Valuation Designee is responsible for developing the Fund's written valuation processes and procedures, conducting periodic reviews of the valuation policies, and evaluating the overall fairness and consistent application of the valuation policies.

**Hamilton Lane Venture Capital and Growth Fund**

**CONSOLIDATED NOTES TO FINANCIAL STATEMENTS – (Continued)**

**December 31, 2025 (Unaudited)**

**Note 2 – Portfolio Valuation**

ASC 820 defines fair value as the value that the Fund would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent buyer in the principal market, or in the absence of a principal market, the most advantageous market for the asset or liability. ASC 820 establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in valuing the asset or liability developed based on the best information available in the circumstances. Each investment is assigned a level based upon the observation of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below:

Level I: Quoted prices (unadjusted) are available in active markets for identical investments as of the reporting date. The types of investments which would generally be included in Level I include listed equities.

Level II: Pricing inputs other than quoted prices available in active markets, which are either directly or indirectly observable as of the reporting date, and fair value is determined through the use of models or other valuation methodologies. The types of investments which would generally be included in Level II include corporate bonds and loans, and less liquid and restricted equity securities. This category also includes interests in special purpose vehicles whose fair value is predominantly attributable to investments in Level I type securities.

Level III: Pricing inputs are unobservable for the investment and include situations where there is little, if any, market activity for the investment. The inputs into the determination of fair value require significant management judgment or estimation. Those unobservable inputs, that are not corroborated by market data, generally reflect the reporting entity's own assumptions about the assumptions market participants would use in determining the fair value of the investment. The types of investments which would generally be included in Level III include equity and/or debt securities issued by private entities and investments in Portfolio Funds.

The Fund has established valuation processes and procedures to ensure that the valuation techniques are fair and consistent, and valuation inputs are supportable. The Valuation Designee is responsible for developing the Fund's written valuation processes and procedures, conducting periodic reviews of the valuation policies, and evaluating the overall fairness and consistent application of the valuation policies. The Fund's investments in Portfolio Funds are carried at fair value which generally represents the Fund's pro-rata interest in the net assets of each Portfolio Fund as reported by the administrators and/or investment managers of the underlying Portfolio Funds. All valuations utilize financial information supplied by each Portfolio Fund and are net of management and incentive fees or allocations payable to the Portfolio Funds' managers or pursuant to the Portfolio Funds' agreements. The Fund's valuation procedures require the Valuation Designee to consider all relevant information available at the time the Fund values its portfolio. The Valuation Designee has assessed factors including, but not limited to, the individual Portfolio Funds' compliance with fair value measurements, price transparency and valuation procedures in place. The Valuation Designee will consider such information and consider whether it is appropriate, in light of all relevant circumstances, to value such a position at its NAV as reported or whether to adjust such value. The underlying investments of each Portfolio Fund are accounted for at fair value as described in each Portfolio Funds' financial statements.

**Hamilton Lane Venture Capital and Growth Fund**

**CONSOLIDATED NOTES TO FINANCIAL STATEMENTS – (Continued)**

December 31, 2025 (Unaudited)

The fair value relating to certain underlying investments of these Portfolio Funds, for which there is no ready market, has been estimated by the respective Portfolio Fund's management and is based upon available information in the absence of readily ascertainable fair values and does not necessarily represent amounts that might ultimately be realized. Due to the inherent uncertainty of valuation, those estimated fair values may differ significantly from the values that would have been used had a ready market for the investments existed. These differences could be material.

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the inputs used, as of December 31, 2025, in valuing the Fund's assets and liabilities carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level I** | **Level II\*** | **Level III** | **Total** |
| **Assets** |  |  |  |  |
| Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Direct Equity | $— | $— | $1428847 | $1428847 |
| &nbsp;&nbsp;&nbsp;Short Term Investments | 62056680 |  |  | 62056680 |
| Total Investments | $62056680 | $— | $1428847 | $63485527 |

---

\*The Fund did not hold any Level II securities as of December 31, 2025.

Certain portfolio investments fair valued using net asset value (or its equivalent) as a practical expedient are not included in the fair value hierarchy. As such, investments in securities with a fair value of $63,941,612 are excluded from the fair value hierarchy as of December 31, 2025.

**Note 3 – Investments in Affiliated Issuers**

An affiliated issuer is an entity in which the Fund has ownership of at least 5% of the voting securities or any investment in a fund that receives investment advisory services from Hamilton Lane. Issuers that are affiliates of the Fund at period-end are noted in the Fund's Schedule of Investments. Additional security purchases and the reduction of certain securities shares outstanding of existing portfolio holdings that were not considered affiliated in prior years may result in the Fund owning in excess of 5% of the outstanding shares at period-end. The table below reflects transactions during the period with entities that are affiliates as of September 30, 2025 and may include acquisitions of new investments, prior year holdings that became affiliated during the period and prior period affiliated holdings that are no longer affiliated as of period-end:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | | | | | Dividends and Distributions | Dividends and Distributions |
| Name of Issuer and Title of Issue | Value at<br> March 31, <br> 2025 | Purchases | Sales<br> Proceeds | Net<br> Realized<br> Gain<br> (Loss) | Change in <br> Unrealized <br> Appreciation<br> (Depreciation) | Value at<br> December 31, <br> 2025 | Capital Gains | Income |
| Vic SPV, LLC<sup>(1)(2)(3)</sup> | $— | $2892527 | $— | $— | $563087 | $3455614 | $— | $— |
| Total | $— | $2892527 | $— | $— | $563087 | $3455614 | $— | $— |

---

<sup>(1)</sup> Not an affiliate at the beginning of the period.

<sup>(2)</sup> Non-Income Producing.

<sup>(3)</sup> The security has unfunded commitments of $412 as of December 31, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Hamilton Lane Venture Capital & Growth Fund

- **b. Investment Company Act file number:** 811-24036

- **c. CIK number of Registrant:** 0002047692

- **d. LEI of Registrant:** 529900FS09VHUBFTNS58

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 110 Washington St., Ste. 1300

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 8663611720

**Item A.2. Information about the Series.**

- **a. Name of Series:** Hamilton Lane Venture Capital & Growth Fund

- **c. LEI of Series:** 529900FS09VHUBFTNS58

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $128755463.09

**Total Liabilities:** $60424756.91

**Net Assets:** $68330706.18

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 4.79%                | 2.08%                | 4.49%                |
| Class ID N/A | 4.74%                | 2.03%                | 4.32%                |
| Class ID N/A | 4.79%                | 2.15%                | 4.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $73721.09                | $2799978.04                                |
| Month 2  | $0.00                    | $1568038.69                                |
| Month 3  | $476483.44               | $2841276.28                                |

### Schedule of Portfolio Investments

| Name                                                        | Title                            | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Decibel Investments I, LP                                   | Decibel Investments I, LP        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1522500.00   | 2.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Classiq Tech Ltd Srs C Pfd Shrs                             | Classiq Tech Ltd Srs C Pfd Shrs  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | IL        |     99582 | OU      | $691633.00    | 1.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| AVC CL HL, LP                                               | AVC CL HL, LP                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $972401.10    | 1.42%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AndreessenHorowitzFdIXAI InfraLP                            | AndreessenHorowitzFdIXAI InfraLP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $70455.69     | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AndreessenHorowitzFd IX AI AppLP                            | AndreessenHorowitzFd IX AI AppLP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $39700.98     | 0.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AndreessenHorowitz LSV Fd IV LP                             | AndreessenHorowitz LSV Fd IV LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $324759.04    | 0.48%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AndreessenHorowitz LSV Fd III LP                            | AndreessenHorowitz LSV Fd III LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $599435.51    | 0.88%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Seed Fd I LP                            | Andreessen Horowitz Seed Fd I LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $160199.70    | 0.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz LSV Fd II LP                            | Andreessen Horowitz LSV Fd II LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $595375.15    | 0.87%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz LSV Fd I LP                             | Andreessen Horowitz LSV Fd I LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $693739.66    | 1.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund VIII LP                            | Andreessen Horowitz Fund VIII LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $390473.74    | 0.57%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund VII, LP                            | Andreessen Horowitz Fund VII, LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $369801.42    | 0.54%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund VI, LP                             | Andreessen Horowitz Fund VI, LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $854602.76    | 1.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund V, L.P.                            | Andreessen Horowitz Fund V, L.P. | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $935356.26    | 1.37%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund IV, LP                             | Andreessen Horowitz Fund IV, LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $346911.57    | 0.51%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund III LP                             | Andreessen Horowitz Fund III LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1612733.67   | 2.36%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Fund II, LP                             | Andreessen Horowitz Fund II, LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $39392.43     | 0.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Andreessen Horowitz Annex Fd LP                             | Andreessen Horowitz Annex Fd LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $42763.46     | 0.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AKKR Isosceles CV LP                                        | AKKR Isosceles CV LP             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $857050.68    | 1.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vic SPV LLC                                                 | Vic SPV LLC                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $3455613.68   | 5.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| VGAMES, L.P.                                                | VGAMES, L.P.                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | IL        |         1 | OU      | $1659901.38   | 2.43%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vesta Housing Series B Pfd Shrs                             | Vesta Housing Series B Pfd Shrs  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    143789 | OU      | $505610.00    | 0.74%             |  |  |  | Yes           | 3                  | On Loan: No      |
| SF8888628                                                   | SF8888628                        | CUSIP: 999999999<br>LEI: N/A | Long             | STIV             | CORP              | US        |   4179233 | PA      | $4179232.66   | 6.12%             |  |  |  | No            | 1                  | On Loan: No      |
| AH Parallel Fund V, L.P.                                    | AH Parallel Fund V, L.P.         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $939176.48    | 1.37%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AH Parallel Fund IV, L.P.                                   | AH Parallel Fund IV, L.P.        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $185969.97    | 0.27%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AH Parallel Fund III, L.P.                                  | AH Parallel Fund III, L.P.       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $253845.42    | 0.37%             |  |  |  | Yes           | N/A                | On Loan: No      |
| AH American Dynamism Fund I, LP                             | AH American Dynamism Fund I, LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $76137.94     | 0.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SF8888205                                                   | SF8888205                        | CUSIP: 999999999<br>LEI: N/A | Long             | STIV             | CORP              | US        |  57877447 | PA      | $57877447.00  | 84.70%            |  |  |  | No            | 1                  | On Loan: No      |
| TCV Juniper Co. L.P.                                        | TCV Juniper Co. L.P.             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | CA        |         1 | OU      | $1009176.99   | 1.48%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SVHL I LP                                                   | SVHL I LP                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1505625.00   | 2.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Stripes VI Rainer Co-Invest LP                              | Stripes VI Rainer Co-Invest LP   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1540761.30   | 2.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Springcoast Cap Partners I-A LP                             | Springcoast Cap Partners I-A LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SDP Special Situations LLC - Series X                       | SDP Special Situations LLC - X   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1386951.02   | 2.03%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Scenic Coinvest Midnight Ride LP                            | Scenic Coinvest Midnight Ride LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $2751695.47   | 4.03%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Sapphire Opp Fund IV-B, LP                                  | Sapphire Opp Fund IV-B, LP       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1010188.76   | 1.48%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Sands Capital Global Innovation Fund III-2 Aggregator, L.P. | Sands Capital Global             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $3358115.68   | 4.91%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Sands Cap Global Inn Fd II-DB LP                            | Sands Cap Global Inn Fd II-DB LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1664800.46   | 2.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Sands Cap Gbl Inn Fd III-RP LP                              | Sands Cap Gbl Inn Fd III-RP LP   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $2104750.79   | 3.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PSG Sequel-A L.P.                                           | PSG Sequel-A L.P.                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1156074.34   | 1.69%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Nusano Inc Series D Pfd Shrs                                | Nusano Inc Series D Pfd Shrs     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   2400000 | OU      | $3000000.00   | 4.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Lightspeed SPV-A2, LLC                                      | Lightspeed SPV-A2, LLC           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $538069.07    | 0.79%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Lightspeed Ascent Fund, L.P.                                | Lightspeed Ascent Fund, L.P.     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1796001.55   | 2.63%             |  |  |  | Yes           | N/A                | On Loan: No      |
| IPPE Co-Invest (Horizon) DE, LP                             | IPPE Co-Invest (Horizon) DE, LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1275230.67   | 1.87%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Insight Partners Cont Fd III LP                             | Insight Partners Cont Fd III LP  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $2123181.09   | 3.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| HUNTRESS LABS INCORPORATED                                  | HUNTRESS LABS INCORPORATED       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $231604.17    | 0.34%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Founders Circle Cap Co-Inv Srs11                            | Founders Circle Cap Co-Inv Srs11 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1931004.02   | 2.83%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ACG IV CN, LP                                               | ACG IV CN, LP                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | IL        |         1 | OU      | $1505849.34   | 2.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| A Capital Partners II, L.P.                                 | A Capital Partners II, L.P.      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $12328767.13  | 18.04%            |  |  |  | Yes           | N/A                | On Loan: No      |
| ForgePointCybersecurity Fd II LP                            | ForgePointCybersecurity Fd II LP | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $1376587.59   | 2.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FCC Co-Invest Srs, LP-Series 10                             | FCC Co-Invest Srs, LP-Series 10  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $816265.01    | 1.19%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Definition II LP                                            | Definition II LP                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Definition I LP                                             | Definition I LP                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         1 | OU      | $2764219.65   | 4.05%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-02-11

**Name of Applicant:** Hamilton Lane Venture Capital & Growth Fund

**Signature:** /s/ Kaylin Liu

**Name of Signer:** Kaylin Liu

**Title:** Treasurer