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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 the pricing of an underwritten public offering of 1,453,110 shares of its Class A common stock, aiming to raise $128.2 million. The offering, set to close on March 4, 2021, will not provide proceeds to the company from shares sold by certain stockholders. The funds will be used to settle cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. The offering is conducted under an effective shelf registration statement with the SEC.
Hamilton Lane (NASDAQ: HLNE) announced the closing of its Strategic Opportunities Fund VI, raising nearly $900 million from diverse global investors. The Fund focuses on credit-oriented investments designed for consistent cash yields and attractive risk-adjusted returns. With over $40 billion in assets under management, Hamilton Lane underscores its commitment to delivering unique private credit opportunities and benefits from a 29-year history in private markets investing.
Hamilton Lane Incorporated (NASDAQ: HLNE) has announced an underwritten public offering of 1,453,110 shares of Class A common stock. The shares will be sold by Hamilton Lane and certain selling stockholders, aiming to settle cash exchanges of membership units in Hamilton Lane Advisors. Importantly, the company will not receive proceeds from the selling stockholders' shares. This offering is being conducted under an effective shelf registration statement filed with the SEC, with J.P. Morgan Securities LLC serving as the underwriter.
Hamilton Lane (NASDAQ: HLNE) has announced the final close of its Hamilton Lane Secondary Fund V, raising $3.9 billion, surpassing its $3 billion target. This marks the firm's largest fundraise to date, attracting global institutional investors, including pension funds and sovereign wealth funds. The success reflects strong demand and the ongoing growth of Hamilton Lane’s secondary business, which has been active since 2000. The firm currently manages approximately $657 billion in assets, showcasing its extensive global network and commitment to providing innovative investment solutions.
San Francisco, Feb. 5, 2021 /PRNewswire/ -- Imperfect Foods announced a total of $110M for its Series D funding, a $15M increase from prior commitments. This round includes new investors Hamilton Lane (NASDAQ: HLNE) and Blisce, both focusing on sustainable solutions. The investment will enhance production capacity, improve shopping experiences, and support suppliers. Imperfect Foods has already saved over 50 million pounds of food and diverted 70% of waste from landfills in 2020. The company aims to lead the sustainable online grocery market.
On January 28, 2021, Hamilton Lane (NASDAQ: HLNE) announced its plan to acquire 361 Capital, LLC, in a strategic move to enhance its U.S. private wealth channel presence. The acquisition will integrate 361 Capital's expertise and expand Hamilton Lane’s footprint to 18 global locations. The deal aligns with Hamilton Lane's recent initiatives, including the launch of the Private Asset Fund, aimed at broadening investor access to private markets. Closing is anticipated later this quarter, subject to customary conditions.
Hamilton Lane (NASDAQ: HLNE) will announce its third fiscal quarter financial results on February 2, 2021, before market opening. A conference call and webcast will follow at 11:00 a.m. ET on the same day to discuss the results. Investors can pre-register to ask questions, with details provided post-registration. Hamilton Lane manages approximately $547 billion in assets, with $73 billion in discretionary assets and over $474 billion in advisory assets as of September 30, 2020.
Hamilton Lane (NASDAQ: HLNE) has launched the Hamilton Lane Private Assets Fund, a closed-end investment vehicle registered under the ‘40 Act. This fund opens up diversified access to private equity and private credit assets for qualified U.S. investors, including high-net-worth individuals. The Fund features lower minimum investments of $50,000 and offers monthly subscriptions with quarterly liquidity options. Hamilton Lane seeded the Fund with $30 million and secured an additional $100 million from an anchor investor, enhancing its commitment to accessibility in private markets.
Hamilton Lane (NASDAQ: HLNE) has been recognized in the Pensions & Investments “Best Places to Work in Money Management” list for 2020, marking nine consecutive years of inclusion. CEO Mario Giannini highlighted the firm's commitment to integrity, excellence, and inclusivity, which contributed to its unique culture during challenging times. Additionally, Hamilton Lane was named a “Best Places to Work in PA” for the ninth year and received the International LP of the Year award from PEWIN, acknowledging its support for female investors in private equity. The firm manages approximately $547 billion in assets.
Hamilton Lane reported strong second-quarter fiscal 2021 results, highlighting assets under management reaching $73 billion, up 11% year-over-year. Fee-earning assets rose nearly 9% to approximately $39 billion. Revenue surged 12% to about $66 million, while GAAP EPS stood at $0.66 with net income of $21.8 million. The company declared a quarterly dividend of $0.3125 per share, reflecting a 13.6% increase from the previous year. CEO Mario Giannini noted a rebound in private market valuations and activities, contributing to Hamilton Lane's strong performance.
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