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HAMILTON LANE INCORPORATED REPORTS SECOND QUARTER FISCAL 2025 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 10% AND ASSETS UNDER MANAGEMENT GROWING BY 10% YEAR-OVER-YEAR

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Hamilton Lane reported strong Q2 fiscal 2025 results, with total assets under management reaching $131.4 billion, up 10% year-over-year. Management and advisory fees grew 10% to $119.8 million. The company's unrealized carried interest balance increased 9% to $1.3 billion. GAAP EPS was $1.37 on $55.0 million of GAAP net income. The firm declared a quarterly dividend of $0.49 per share, with a target full-year dividend of $1.96, representing a 10% increase from the prior fiscal year.

Hamilton Lane ha riportato risultati solidi per il secondo trimestre dell'esercizio fiscale 2025, con un totale di attività gestite che ha raggiunto 131,4 miliardi di dollari, con un aumento del 10% rispetto all'anno precedente. Le entrate da commissioni di gestione e consulenza sono cresciute del 10% a 119,8 milioni di dollari. Il saldo degli interessi non realizzati della società è aumentato del 9% a 1,3 miliardi di dollari. L'utile per azione GAAP è stato di 1,37 dollari su un utile netto GAAP di 55,0 milioni di dollari. La società ha dichiarato un dividendo trimestrale di 0,49 dollari per azione, con un obiettivo di dividendo annuale di 1,96 dollari, che rappresenta un aumento del 10% rispetto all'esercizio fiscale precedente.

Hamilton Lane reportó resultados sólidos para el segundo trimestre del ejercicio fiscal 2025, con un total de activos bajo gestión que alcanzó los 131,4 mil millones de dólares, un aumento del 10% en comparación con el año anterior. Los ingresos por comisiones de gestión y asesoría crecieron un 10% hasta 119,8 millones de dólares. El saldo de intereses devengados no realizados de la compañía aumentó un 9% hasta 1,3 mil millones de dólares. El EPS GAAP fue de 1,37 dólares sobre un ingreso neto GAAP de 55,0 millones de dólares. La firma declaró un dividendo trimestral de 0,49 dólares por acción, con un dividendo anual objetivo de 1,96 dólares, lo que representa un aumento del 10% con respecto al ejercicio fiscal anterior.

해밀턴 레인은 2025 회계연도 2분기 강력한 실적을 보고했으며, 운용 자산 총액이 1,314억 달러에 달해 전년 대비 10% 증가했습니다. 경영 및 자문 수수료는 10% 증가하여 1억 1,980만 달러에 달했습니다. 회사의 미실현 이익 잔액은 9% 증가하여 13억 달러에 달했습니다. GAAP 기준 주당 순이익은 1.37달러, GAAP 기준 순이익은 5,500만 달러였습니다. 이 회사는 주당 0.49달러의 분기 배당금을 선언하였으며, 전체 연간 배당금 목표는 1.96달러로, 이전 회계연도 대비 10% 증가한 수치입니다.

Hamilton Lane a rapporté de solides résultats pour le deuxième trimestre de l'exercice fiscal 2025, avec un total d'actifs sous gestion atteignant 131,4 milliards de dollars, en hausse de 10 % par rapport à l'année précédente. Les frais de gestion et de conseil ont augmenté de 10 % pour atteindre 119,8 millions de dollars. Le solde de l'intérêt reporté non réalisé de l'entreprise a augmenté de 9 % pour atteindre 1,3 milliard de dollars. Le BPA GAAP était de 1,37 dollar sur un revenu net GAAP de 55,0 millions de dollars. L'entreprise a déclaré un dividende trimestriel de 0,49 dollar par action, avec un dividende annuel cible de 1,96 dollar, représentant une augmentation de 10 % par rapport à l'exercice précédent.

Hamilton Lane berichtete über starke Ergebnisse für das 2. Quartal des Geschäftsjahres 2025, wobei das gesamte verwaltete Vermögen 131,4 Milliarden Dollar erreichte, was einem Anstieg von 10 % im Vergleich zum Vorjahr entspricht. Die Verwaltungs- und Beratungsgebühren stiegen um 10 % auf 119,8 Millionen Dollar. Der unrealized carried interest-Bestand des Unternehmens stieg um 9 % auf 1,3 Milliarden Dollar. GAAP EPS betrug 1,37 Dollar bei einem GAAP-Nettogewinn von 55,0 Millionen Dollar. Die Firma erklärte eine quartalsweise Dividende von 0,49 Dollar pro Aktie, mit einer Zieljahresdividende von 1,96 Dollar, was einer Steigerung von 10 % gegenüber dem vorherigen Geschäftsjahr entspricht.

Positive
  • Assets under management grew 10% YoY to $131.4 billion
  • Management and advisory fees increased 10% YoY to $119.8 million
  • Unrealized carried interest balance up 9% YoY to $1.3 billion
  • Quarterly dividend increased 10% from prior fiscal year
  • Fee-earning assets under management increased by $8.3 billion to $69.7 billion
Negative
  • None.

Insights

Hamilton Lane's Q2 FY2025 results demonstrate robust growth across key metrics. AUM grew 10% to $131.4 billion, while management and advisory fees increased 10% to $119.8 million. The $1.3 billion unrealized carried interest balance shows strong portfolio performance potential. The dividend increase of 10% to $1.96 per share annually signals management's confidence in sustainable growth.

The firm's expansion in fee-earning AUM by $8.3 billion to $69.7 billion is particularly noteworthy, as it directly impacts recurring revenue streams. With $947.4 billion in total assets under management and supervision, including $816.1 billion in non-discretionary assets, Hamilton Lane maintains a strong position in the private markets investment sector. The GAAP EPS of $1.37 reflects solid profitability and operational efficiency.

CONSHOHOCKEN, Penn., Nov. 6, 2024 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) today reported its results for the second fiscal quarter ended September 30, 2024.

SECOND QUARTER FISCAL 2025 HIGHLIGHTS

  • Assets under management – Total assets under management of $131.4 billion grew $12.2 billion year-over-year. Fee-earning assets under management increased $8.3 billion to $69.7 billion over the same period.

  • Revenue – Management and advisory fees of $119.8 million for the quarter represent growth of 10% versus the prior year period.

  • Carried Interest – Unrealized carried interest balance of approximately $1.3 billion, up 9% versus the prior year period.

  • Earnings per share – GAAP EPS of $1.37 on $55.0 million of GAAP net income for the quarter.

  • Dividend – Declared a quarterly dividend of $0.49 per share of Class A common stock to record holders at the close of business on December 16, 2024 that will be paid on January 7, 2025. The target full-year dividend of $1.96 represents a 10% increase from the prior fiscal year dividend.

Hamilton Lane issued a full detailed presentation of its second quarter fiscal 2025 results, which can be accessed on the Company's Shareholders website at https://shareholders.hamiltonlane.com/

Hamilton Lane Co-CEO Erik Hirsch commented: "Our unwavering commitment to achieving results for our clients and shareholders has led to another successful quarter for the firm. Our core business continues to experience steady growth, and we are consistently innovating to further enhance this progress." 

Conference Call
Hamilton Lane will discuss second quarter fiscal 2025 results in a webcast and conference call today, Wednesday, November 6, 2024, at 11:00 a.m. Eastern Time.

For access to the live event via the webcast, visit Hamilton Lane's Shareholders website (https://shareholders.hamiltonlane.com/) at least 15 minutes prior to the start of the call. This feature will be in listen-only mode.

A replay of the webcast will be available approximately two hours after the live broadcast for a period of one year and can be accessed in the same manner as the live webcast at the Shareholders page of Hamilton Lane's website.

About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 730 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $947.4 billion in assets under management and supervision, composed of $131.4 billion in discretionary assets and $816.1 billion in non-discretionary assets, as of September 30, 2024. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit http://www.hamiltonlane.com or follow Hamilton Lane on LinkedIn: https://www.linkedin.com/company/hamilton-lane/.

Forward-Looking Statements
Some of the statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: our ability to manage growth, fund performance, competition in our industry, changes in our regulatory environment and tax status; market conditions generally; our ability to access suitable investment opportunities for our clients; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; defaults by clients and third-party investors on their obligations to fund commitments; our exposure and that of our clients and investors to the credit risks of financial institutions at which we and they hold accounts; our ability to comply with investment guidelines set by our clients; our ability to successfully integrate acquired businesses with ours; our ability to manage risks associated with introducing new types of investment structures, products or services or entering into strategic partnerships; our ability to manage redemption or repurchase rights in certain of our funds; our ability to manage, identify and anticipate risks we face; our ability to manage the effects of events outside of our control; and our ability to receive distributions from Hamilton Lane Advisors, L.L.C. to fund our payment of dividends, taxes and other expenses.

The foregoing list of factors is not exhaustive.  For more information regarding these risks and uncertainties as well as additional risks we face, you should refer to the "Risk Factors" detailed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2024 and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.

Cision View original content:https://www.prnewswire.com/news-releases/hamilton-lane-incorporated-reports-second-quarter-fiscal-2025-results-with-management--advisory-fees-growing-by-10-and-assets-under-management-growing-by-10-year-over-year-302296920.html

SOURCE Hamilton Lane

FAQ

What was Hamilton Lane's (HLNE) AUM growth in Q2 fiscal 2025?

Hamilton Lane's total assets under management grew by $12.2 billion year-over-year to reach $131.4 billion in Q2 fiscal 2025, representing a 10% increase.

How much did Hamilton Lane's (HLNE) management and advisory fees grow in Q2 2025?

Hamilton Lane's management and advisory fees grew by 10% year-over-year to $119.8 million in Q2 fiscal 2025.

What is Hamilton Lane's (HLNE) quarterly dividend for Q2 fiscal 2025?

Hamilton Lane declared a quarterly dividend of $0.49 per share of Class A common stock, with a target full-year dividend of $1.96, representing a 10% increase from the prior fiscal year.

What was Hamilton Lane's (HLNE) GAAP EPS for Q2 fiscal 2025?

Hamilton Lane reported GAAP earnings per share (EPS) of $1.37 on $55.0 million of GAAP net income for Q2 fiscal 2025.

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