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Hamilton Lane Incorporated - HLNE STOCK NEWS

Welcome to our dedicated page for Hamilton Lane Incorporated news (Ticker: HLNE), a resource for investors and traders seeking the latest updates and insights on Hamilton Lane Incorporated stock.

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.

News

Hamilton Lane Announces Pricing of Public Offering of Class A Common Stock

Rhea-AI Summary
Hamilton Lane Incorporated (HLNE) announces a public offering of 1,922,322 shares of Class A common stock, raising approximately $210 million. The offering, managed by Morgan Stanley, aims to close on March 7, 2024, with proceeds intended for settling cash exchanges of membership units.
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Hamilton Lane Announces Public Offering of Class A Common Stock

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Hamilton Lane Incorporated (HLNE) initiates a public offering of 1,922,322 shares of Class A common stock to settle cash exchanges, with Morgan Stanley as the underwriter. The offering is made under an effective shelf registration statement, with proceeds to be used for specific purposes.
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Hamilton Lane Closes Latest Strategic Opportunities Fund Series on $700 Million in Commitments

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Hamilton Lane (HLNE) closes Strategic Opportunities VIII at $700 million, bringing total raised to $4.9 billion. The Fund offers diversified access to private credit with a flexible strategy prioritizing downside protection, short duration investments, and cash yield. The platform has over $64 billion in assets under management.
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HAMILTON LANE INCORPORATED REPORTS THIRD QUARTER FISCAL 2024 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 17% AND ASSETS UNDER MANAGEMENT GROWING BY 12% YEAR-OVER-YEAR

Rhea-AI Summary
Hamilton Lane Incorporated (HLNE) reported strong third quarter fiscal 2024 results, with total assets under management growing 12% year-over-year to $120.0 billion. Fee-earning assets under management increased 15% to $63.1 billion, while management and advisory fees grew 17% to $113.6 million. The firm's unrealized carried interest balance was up 18% to approximately $1.1 billion, and GAAP EPS stood at $0.51 on $19.5 million of GAAP net income for the quarter. Hamilton Lane also declared a quarterly dividend of $0.445 per share, representing an 11% increase from the prior fiscal year dividend.
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Hamilton Lane Expands Infrastructure Platform Globally, Hiring Two Senior Investment Professionals in Germany and Canada

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Hamilton Lane (Nasdaq: HLNE) has expanded its infrastructure investment capabilities with the appointments of Managing Director Dominik von Scheven in Frankfurt and Principal Taylor McManus in Toronto. This move highlights the firm's continued growth and conviction in the opportunity set within global infrastructure.
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Hamilton Lane Incorporated to Announce Third Quarter Fiscal 2024 Results on February 6, 2024

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Hamilton Lane Incorporated (HLNE) is set to release its financial results for the third fiscal quarter on February 6, 2024. The earnings release and detailed presentation will be available on the company's Shareholders website. A conference call via webcast is scheduled to discuss the results at 11:00 a.m. ET on the same day.
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National Philanthropic Trust Welcomes Three Board Members

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National Philanthropic Trust (NPT) announces the appointment of Jeffrey Armbrister, Lindy Benton-Moreno, and Connie Collingsworth to its Board of Trustees. The company is now the third largest grantmaking organization in the world. Jeffrey Armbrister, Lindy Benton-Moreno, and Connie Collingsworth bring extensive experience in private market investing, technology, law, and philanthropy to the board. Jeffrey Armbrister is the CFO of Hamilton Lane (NASDAQ: HLNE), with 25+ years of investing experience. Lindy Benton-Moreno is a healthcare IT leader and Executive Board Chair of Vyne. Connie Collingsworth has vast experience in governance, risk management, and executive compensation, having served as COO of the Bill & Melinda Gates Foundation.
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Hamilton Lane Named a Best Place to Work in Money Management for 12th Consecutive Year

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Hamilton Lane (Nasdaq: HLNE) has been named a 'Best Place to Work in Money Management' by Pensions & Investments for the 12th consecutive year. The firm has expanded its employee base by nearly 20% over the last year, growing to approximately 700 professionals across North America, Europe, Asia Pacific, and the Middle East. CEO Mario Giannini emphasized the firm's commitment to employees, culture, and core values, attributing their success to the collective commitment and passion of their employees.
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AI-Powered Alternative Investments Assistant Helix by HL Secures $6M Seed+ Funding Led by FINTOP Capital

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TIFIN's joint venture with Hamilton Lane, Helix by HL, successfully completed a $6 million Seed+ funding round at a post-money valuation of $26 million. The round was led by FINTOP Capital, aiming to revolutionize private market investing with an AI assistant, designed to simplify alternative investing and empower wealth advisors.
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HAMILTON LANE INCORPORATED REPORTS SECOND QUARTER FISCAL 2024 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 18% AND ASSETS UNDER MANAGEMENT GROWING BY 11% YEAR-OVER-YEAR

Rhea-AI Summary
Hamilton Lane Incorporated (Nasdaq: HLNE) reported its results for the second fiscal quarter ended September 30, 2023. Total assets under management grew 11% year-over-year to $119.2 billion, with fee-earning assets under management increasing 17% to $61.4 billion. Management and advisory fees grew 18% to $109.2 million, and the company declared a quarterly dividend of $0.445 per share, representing an 11% increase from the prior fiscal year dividend.
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FAQ

What is the current stock price of Hamilton Lane Incorporated (HLNE)?

The current stock price of Hamilton Lane Incorporated (HLNE) is $199.55 as of November 22, 2024.

What is the market cap of Hamilton Lane Incorporated (HLNE)?

The market cap of Hamilton Lane Incorporated (HLNE) is approximately 8.3B.

What are the primary services offered by Hamilton Lane?

Hamilton Lane offers investment products and services across private equity, private credit, real estate, infrastructure, natural resources, growth equity, venture capital, and impact investments.

How large is Hamilton Lane's asset base?

As of December 31, 2023, Hamilton Lane manages approximately $903 billion in assets under management and supervision.

Where is Hamilton Lane headquartered?

The company is headquartered in Conshohocken, Pennsylvania.

What recent milestones has Hamilton Lane achieved?

Recent milestones include a public stock offering raising $210 million, expanding their Toronto office, and participating in a $47 million funding round for Securitize.

Who are Hamilton Lane's typical clients?

Hamilton Lane's clients include institutional investors, private wealth investors, and high-net-worth individuals seeking diversified investment strategies.

How does Hamilton Lane generate revenue?

The company generates revenue mainly through management and advisory fees from managing and supervising client portfolios.

In which regions does Hamilton Lane operate?

Hamilton Lane operates in North America, Europe, Asia Pacific, and the Middle East, with offices in cities such as New York, London, Hong Kong, Rio de Janeiro, Tel Aviv, and Tokyo.

What is the significance of Hamilton Lane's Market Overview?

The annual Market Overview provides comprehensive, data-driven analysis of private market investment activity and trends, offering valuable insights for investors.

What was the purpose of Hamilton Lane's recent public stock offering?

The offering aimed to generate gross proceeds of $210 million to be used for settling cash exchanges of membership units in Hamilton Lane Advisors, L.L.C.

Where can I find more information about Hamilton Lane?

More information is available on their official website at www.hamiltonlane.com.

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Hamilton Lane Incorporated

Nasdaq:HLNE

HLNE Rankings

#975 Ranked by Market Cap
#1807 Ranked by Dividends

HLNE Stock Data

8.31B
37.69M
9.78%
97.22%
2.9%
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