Hamilton Lane Incorporated - HLNE STOCK NEWS

Hamilton Lane has announced the final closing of its Infrastructure Opportunities Fund (IOF), raising nearly $590 million in commitments, exceeding its $500 million target. The Fund aims to pursue unique co-investment and secondary investment opportunities, boasting a selective 2.2% deal selection rate. Hamilton Lane's infrastructure platform has over $45 billion in assets under management as of March 31, 2022. The firm has over $901 billion in total assets under management, specializing in private markets investing for 30 years.

CAIS, a leading alternative investment platform, announces a strategic investment from Hamilton Lane (NASDAQ: HLNE), enhancing access to alternative investments amidst economic uncertainty. Hamilton Lane's involvement follows a series of investments from notable firms including Apollo and Franklin Templeton, contributing to CAIS's enterprise valuation of over $1.1 billion. The partnership aims to modernize the advisor community's access to alternatives, supported by technology and educational resources, highlighting the urgency for improved access in the financial advisory sector.

Hamilton Lane has appointed Victor Jung as the new Head of Digital Assets to enhance its digital asset strategy. Jung, with nearly ten years of experience in financial services, will oversee the firm's global efforts in this area. Hamilton Lane aims to broaden access to digital assets, currently offering tokenized access to its Global Private Assets Fund through a partnership with ADDX. The firm manages over $901 billion in assets, focusing on innovative financial technologies to improve transparency and access in private markets.

Seven Tower Bridge, located in the Philadelphia area, has achieved LEED Silver certification, marking its fifth notable sustainability certification. The property is recognized for its emphasis on tenant health and wellness, featuring pandemic-response designs and eco-friendly systems. Alongside LEED, it holds WiredScore Gold, Fitwel 2-star certification, and other accolades. This 260,000 sq. ft. building prioritizes employee well-being and productivity, aligning with modern workplace trends.

Hamilton Lane (NASDAQ: HLNE) has announced the participation of Erik Hirsch, Vice Chairman and Head of Strategic Initiatives, at the 2022 Morgan Stanley US Financials, Payments & CRE Conference on June 15 at 1:00 PM ET. A live audio webcast will be available on the company's Shareholders page. A replay will also be accessible for one year post-event.

Hamilton Lane's Global Private Assets Fund (GPA) has reached $2.2 billion in assets under management (AUM) since its launch three years ago, delivering a 14.7% annualized return. The firm's evergreen platform has grown to nearly $2.6 billion in total assets, indicating strong demand for private market investments. GPA, accessible to investors globally, has raised over C$440 million in Canada alone. The platform will expand with a new senior credit fund later this year, enhancing investor access to private markets.

Hamilton Lane Incorporated (NASDAQ: HLNE) reported strong results for fiscal year 2022, ending March 31, 2022. Total assets under management reached $106.4 billion, up 21% year-over-year, with fee-earning assets increasing 17% to $49.1 billion. Revenue from management and advisory fees rose 9% to $314.2 million. GAAP EPS was $3.98, with a net income of $146.0 million. The company declared a quarterly dividend of $0.40 per share, representing a 14% increase from the previous year, to be paid on July 7, 2022.

Hamilton Lane (NASDAQ: HLNE) has invested in Singapore-based digital private market exchange ADDX, enhancing access to private market investments for non-institutional investors. This investment follows a recent partnership offering tokenized access to Hamilton Lane's Global Private Assets Fund, lowering the minimum investment from $125,000 to $10,000. The latest funding round for ADDX raised $58 million and included several institutional investors. Hamilton Lane aims to leverage innovative technology solutions to democratize private market access globally.

TIFIN has successfully closed a $109 million Series D financing round, bringing its total funding to approximately $204 million over the past 18 months. The company’s valuation has risen to $842 million, reflecting significant growth in its product offerings and user base. Notable new investors include Franklin Templeton and Motive Partners. TIFIN utilizes AI to provide personalized wealth management solutions and aims to enhance digital distribution for investment managers. This funding will bolster TIFIN's expansion efforts, particularly Magnifi's consumer platform.