[SCHEDULE 13G] Lincoln International, Inc. Passive Investment Disclosure (>5%)
Lincoln International: Millennium reports 5.6% stake
Millennium-affiliated investors report a 5.6% beneficial stake in Lincoln International’s Class A Common Stock with shared voting and dispositive power.
Lincoln International, Inc. (LCLN) reports that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander have jointly filed a Schedule 13G disclosing beneficial ownership of 2,029,417 shares of Class A Common Stock, representing 5.6% of the class.
The ownership is reported with shared voting and dispositive power over these shares and no sole voting or dispositive power. The percentage is based on 36,280,899 shares of Class A Common Stock outstanding, combining shares reported in a recent quarterly report and additional shares issued to Liquidity Event Partners.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:2,029,417 sharesPercent of class beneficially owned:5.6%Shares outstanding baseline:36,280,899 shares+4 more
7 metrics
Shares beneficially owned2,029,417 sharesClass A Common Stock beneficially owned by Millennium-affiliated filers
Percent of class beneficially owned5.6%Percentage of Lincoln International Class A Common Stock
Shares outstanding baseline36,280,899 sharesClass A shares outstanding used to calculate ownership percentage
Shares outstanding as of July 31, 202634,846,972 sharesClass A Common Stock reported in Form 10-Q
Shares issued to Liquidity Event Partners1,433,927 sharesAdditional Class A shares reported in Form 8-K
Shared voting power2,029,417 sharesShares over which the filers have shared voting power
Shared dispositive power2,029,417 sharesShares over which the filers have shared dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Class A Common Stock, +1 more
5 terms
beneficially ownedfinancial
"Amount beneficially owned: See response to Item 9 on each cover page"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 2,029,417.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 2,029,417.00"
Class A Common Stockfinancial
"Title of class of securities: Class A Common Stock, par value $0.00001 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Joint Filing Agreementregulatory
"Exhibit I: Joint Filing Agreement, dated as of September 17, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Lincoln International (LCLN) does Millennium Management report owning?
Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report beneficial ownership of 5.6% of Lincoln International’s Class A Common Stock, based on 36,280,899 shares outstanding.
How many Lincoln International (LCLN) shares are beneficially owned by the Millennium filers?
They report beneficial ownership of 2,029,417 shares of Lincoln International’s Class A Common Stock, with shared voting and shared dispositive power over this entire amount.
How was the 5.6% ownership in LCLN calculated?
The 5.6% figure is based on 36,280,899 Class A shares outstanding, which includes 34,846,972 shares outstanding as of July 31, 2026 and 1,433,927 additional shares issued to Liquidity Event Partners.
Do the Millennium filers have sole or shared voting power over LCLN shares?
They report 0 shares with sole voting power and 2,029,417 shares with shared voting power. They likewise report no sole dispositive power and 2,029,417 shares with shared dispositive power.
Who signed the Schedule 13G filed regarding Lincoln International (LCLN)?
The filing is signed by Gil Raviv, Global General Counsel for Millennium Management LLC and Millennium Group Management LLC, and by Israel A. Englander, each signing on September 17, 2026.
What joint agreement is associated with this Lincoln International (LCLN) Schedule 13G?
There is a Joint Filing Agreement dated September 17, 2026 among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander, filed as Exhibit I.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Lincoln International, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.00001 per share
(Title of Class of Securities)
533714101
(CUSIP Number)
09/14/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
533714101
1
Names of Reporting Persons
Millennium Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,029,417.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,029,417.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,029,417.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.6 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
533714101
1
Names of Reporting Persons
Millennium Group Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,029,417.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,029,417.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,029,417.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.6 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
533714101
1
Names of Reporting Persons
Israel A. Englander
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,029,417.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,029,417.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,029,417.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.6 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Lincoln International, Inc.
(b)
Address of issuer's principal executive offices:
110 North Wacker Drive, 51st Floor, Chicago, Illinois 60606
Item 2.
(a)
Name of person filing:
Millennium Management LLC
Millennium Group Management LLC
Israel A. Englander
(b)
Address or principal business office or, if none, residence:
Millennium Management LLC
399 Park Avenue
New York, New York 10022
Millennium Group Management LLC
399 Park Avenue
New York, New York 10022
Israel A. Englander
c/o Millennium Management LLC
399 Park Avenue
New York, New York 10022
(c)
Citizenship:
Millennium Management LLC - Delaware
Millennium Group Management LLC - Delaware
Israel A. Englander - United States
(d)
Title of class of securities:
Class A Common Stock, par value $0.00001 per share
(e)
CUSIP Number(s):
533714101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to Item 9 on each cover page.
(b)
Percent of class:
See response to Item 11 on each cover page.
The percent of class was calculated based on 36,280,899 shares of Class A Common Stock outstanding, which is the sum of (i) 34,846,972 shares of Class A Common Stock outstanding as of July 31, 2026, as reported in the issuer's Form 10-Q filed with the SEC on August 10, 2026, and (ii) 1,433,927 shares of Class A Common Stock issued to the Liquidity Event Partners, as reported in the issuer's Form 8-K filed with the SEC on August 14, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to Item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See response to Item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on each cover page.
The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Millennium Management LLC
Signature:
/s/ Gil Raviv
Name/Title:
Gil Raviv, Global General Counsel
Date:
09/17/2026
Millennium Group Management LLC
Signature:
/s/ Gil Raviv
Name/Title:
Gil Raviv, Global General Counsel
Date:
09/17/2026
Israel A. Englander
Signature:
/s/ Israel A. Englander
Name/Title:
Israel A. Englander
Date:
09/17/2026
Exhibit Information
Exhibit I: Joint Filing Agreement, dated as of September 17, 2026, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.