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Hamilton Lane Incorporated - HLNE STOCK NEWS

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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.

Rhea-AI Summary
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 (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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Hamilton Lane Incorporated to release financial results for second fiscal quarter
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Hamilton Lane announces final closing of Hamilton Lane National Small Business Credit Fund and Hamilton Lane New York SBIC Fund II.
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Hamilton Lane's Private Assets Fund has delivered a 17.48% annualized return since inception and reached $1 billion in AUM. The Fund offers limited liquidity and aims to provide historically outsized returns to private wealth investors. Hamilton Lane's Evergreen Platform has over $4.6 billion in AUM globally.
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Hamilton Lane announces appointment of Erik Hirsch and Juan Delgado-Moreira as Co-CEOs, effective January 1, 2024. Mario Giannini transitions to Executive Co-Chairman alongside Hartley Rogers. The new leadership is expected to guide the firm through its next evolution and capitalize on opportunities to enhance profitability and scale.
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Hamilton Lane Incorporated (HLNE) reported strong first quarter fiscal 2024 results, with total assets under management growing 8% to $117.1 billion and fee-earning assets under management increasing 17% to $59.7 billion. Management and advisory fees grew 23% to $105.4 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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Hamilton Lane (Nasdaq: HLNE) announced senior leadership changes to position the firm for global growth. Jeffrey Armbrister is the new CFO, Drew Schardt becomes Vice Chairman and Head of Investment Strategy, and Ken Binick joins as Managing Director and Head of Execution on the Direct Equity team. Richard Hope will take on the additional role of Co-Head of Investments alongside Tom Kerr, and Nayef Perry will assume sole leadership of the firm's credit business as Head of Direct Credit. The changes are effective as of August 8, 2023.
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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 $150.68 as of December 20, 2024.

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

The market cap of Hamilton Lane Incorporated (HLNE) is approximately 6.3B.

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.

Hamilton Lane Incorporated

Nasdaq:HLNE

HLNE Rankings

HLNE Stock Data

6.28B
37.69M
9.78%
97.51%
2.76%
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