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Hamilton Lane Incorporated (Nasdaq: HLNE) is a prominent global private markets investment management firm. With a history spanning over three decades, Hamilton Lane has become a cornerstone in the private investment landscape. The firm is dedicated to providing innovative investment solutions to institutional and private wealth investors worldwide. As of December 31, 2023, the firm oversees approximately $903 billion in assets under management and supervision, with $120 billion in discretionary assets and nearly $783 billion in non-discretionary assets.
Headquartered in Conshohocken, Pennsylvania, Hamilton Lane operates from offices across North America, Europe, Asia Pacific, and the Middle East, employing nearly 700 professionals. These offices include significant presences in major financial hubs such as New York, London, Hong Kong, Rio de Janeiro, Tel Aviv, and Tokyo.
Hamilton Lane provides a diversified array of private market investment products and services, encompassing private equity, private credit, real estate, infrastructure, natural resources, growth equity, venture capital, and impact investments. Their expertise extends to building flexible investment programs that enable clients to access the full spectrum of private market strategies, sectors, and geographies.
The firm generates revenue primarily through management and advisory fees, reflecting its role in managing and supervising client portfolios. This broad and customized client service includes conceiving, structuring, building, managing, and monitoring portfolios of private market funds and direct investments.
Recent Developments:
- March 4, 2024: Hamilton Lane announced pricing of an underwritten public offering of 1,922,322 shares of Class A common stock, generating gross proceeds of approximately $210 million.
- March 7, 2024: Hamilton Lane released its annual Market Overview, offering a comprehensive data-driven analysis of the private markets.
- April 10, 2024: Hamilton Lane expanded its Canadian operations with a larger office in Toronto, reflecting continued growth in the region.
- May 1, 2024: Hamilton Lane participated in a $47 million funding round for Securitize, a leader in tokenizing real-world assets.
- May 23, 2024: Hamilton Lane reported strong financial results for the fiscal year ending March 31, 2024, continuing its trend of robust growth and performance.
For more information about Hamilton Lane, please visit their official website at www.hamiltonlane.com.
Hamilton Lane (NASDAQ: HLNE) will release its second fiscal quarter financial results on November 2, 2021, before market opening. A conference call will be held at 11:00 a.m. ET to discuss these results, with pre-registration available online. The firm manages approximately $757 billion in assets, which includes $92 billion in discretionary assets and $665 billion in advisory assets as of June 30, 2021. Hamilton Lane has been dedicated to private markets investment management for over 30 years.
Hamilton Lane has announced a public offering of 950,751 shares of Class A common stock, priced to generate approximately $81 million in gross proceeds. The offering is set to close on September 10, 2021, subject to customary conditions. Proceeds will be used to settle cash exchanges of membership units in Hamilton Lane Advisors held by members, with no funds directed to the firm from shares sold by stockholders. Morgan Stanley is the underwriter for this offering, conducted under an effective shelf registration statement with the SEC.
Hamilton Lane (NASDAQ: HLNE) announced a public offering of 950,751 shares of its Class A common stock, to be sold by Hamilton Lane and certain stockholders. The proceeds will be used for cash exchanges of membership units in Hamilton Lane Advisors. Morgan Stanley is acting as the underwriter. The offering falls under an effective shelf registration statement. As of June 30, 2021, Hamilton Lane manages $757 billion in assets. This offering does not involve proceeds for Hamilton Lane from the selling stockholders.
The Jordan Company has successfully closed The Resolute II Continuation Fund with over $1.3 billion in capital commitments. This new fund allows TJC to support the growth of key portfolio assets while offering existing Resolute II limited partners a liquidity opportunity. The fund, oversubscribed with strong backing from current and new investors, focuses on middle-market businesses across various sectors, including Consumer & Healthcare and Technology. The transaction aims to align interests between TJC, portfolio management teams, and investors.
Hamilton Lane (NASDAQ: HLNE) announced a commitment to offset carbon emissions through a partnership with ClimateCare. This collaboration targets emissions from 2019 and 2020, focusing on projects in India, Bangladesh, and Ghana. These initiatives aim to reduce carbon footprints while improving lives by lowering fuel costs and enhancing environmental health. The firm continues to prioritize ESG and sustainability since 2010, launching dedicated funds and relocating to a sustainable office in Conshohocken, Pennsylvania. Hamilton Lane manages $757 billion in assets as of June 30, 2021.
Hamilton Lane (NASDAQ: HLNE) has announced that Erik Hirsch, Vice Chairman and Head of Strategic Initiatives, will speak at the UBS Financial Services Virtual Conference on August 10, 2021, at 1:00 pm ET. A live audio webcast will be available on Hamilton Lane's Shareholders page. A replay will be accessible shortly after the event for one year. Hamilton Lane specializes in private markets investment management with $757 billion in assets under management as of June 30, 2021.
Hamilton Lane Incorporated (NASDAQ: HLNE) reported strong first quarter fiscal 2022 results for the period ending June 30, 2021. Total assets under management reached $92 billion, a 34% increase year-over-year, while fee-earning assets rose to $43 billion (up 10%). Quarterly revenue from management and advisory fees hit $74 million, reflecting a 10% growth. The unrealized carried interest balance surged 160% to $809 million. GAAP EPS stood at $0.78, with a declared quarterly dividend of $0.35 per share.
Hamilton Lane (NASDAQ: HLNE) announced the first close of its Impact Fund II at $149 million, exceeding the size of its predecessor by over 150%. Fund II focuses on generating attractive returns while making a social and environmental impact through investments in sectors such as clean energy, health, and community development. The firm currently manages over $2.5 billion in impact strategies and aims to provide a diversified private markets solution for investors. This fund underscores Hamilton Lane's commitment to sustainable investing and aligns with growing investor interest in impact strategies.
Hamilton Lane is set to announce its first fiscal quarter results before market opening on August 3, 2021. A conference call will be held at 11:00 a.m. ET on the same day to discuss these results. Interested attendees are encouraged to pre-register for the event through a provided link. Hamilton Lane manages approximately $719 billion in assets, including $88 billion in discretionary assets and $631 billion in advisory assets as of March 31, 2021.
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