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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) 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.
Hamilton Lane (NASDAQ: HLNE) announced that Erik Hirsch, Vice Chairman, will participate in a fireside chat at the 2021 Morgan Stanley US Financials, Payments & CRE Conference on June 15, 2021, at 10:15 AM ET. The event aims to engage investors and provide insights into private markets. A live audio webcast will be available on the company's Shareholders page, with a replay accessible for one year post-event.
Hamilton Lane Incorporated (NASDAQ: HLNE) reported robust results for the fourth quarter and fiscal year ended March 31, 2021. Assets under management reached approximately $88 billion, growing 28% year-over-year. Revenue from management and advisory fees rose over 18% to nearly $289 million. The GAAP EPS for the fiscal year was $2.81, with a net income of approximately $98 million. A quarterly dividend of $0.35 per share was declared, marking a 12% increase from the prior year.
Hamilton Lane (NASDAQ: HLNE) announced an expansion of its teams dedicated to institutional and private wealth channels across Europe. New appointments include Ralph Aerni as Head of European Sales, with a focus on institutional business development. The firm aims to enhance client relationships as it meets increasing investor demand for private market access. The Global Private Assets Fund has achieved about $804 million in assets under management by March 31, 2021. This growth follows a recent trend of investors seeking yield and performance through private markets.
Hamilton Lane (NASDAQ: HLNE) has been recognized in the Drexel LeBow Analytics 50 list for its analytics platform, Cobalt LP. This platform enables limited partners to make informed investment decisions using proprietary data and analytics. Cobalt LP has facilitated over 325,000 analytics projects for more than 700 clients. The platform aims to enhance portfolio analysis and investment returns. Hamilton Lane has invested in and fully acquired Cobalt LP, which currently employs nearly 20 staff, with plans for future growth.
Hamilton Lane (NASDAQ: HLNE) will release its financial results for the fourth fiscal quarter and full year ending March 31, 2021, on May 27, 2021. The company will conduct a conference call at 11:00 a.m. ET that day to discuss these results. Hamilton Lane has approximately $657 billion in assets under management, comprising $76 billion in discretionary assets and $581 billion in advisory assets as of December 31, 2020. Investors can access the event live or via a replay on the company's Shareholders website.
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