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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) released its 2023 Market Overview, asserting that private markets outperformed public markets in 2022, achieving significant advantages across various strategies. The report, drawing from a database with nearly
Hamilton Lane Incorporated (Nasdaq: HLNE) announced the pricing of an underwritten public offering of 671,737 shares of Class A common stock, generating approximately $51.7 million in gross proceeds. The offering is set to close on March 9, 2023. The proceeds will be used to facilitate cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. The firm, a leader in private markets investment management with $831.9 billion in assets under management as of December 31, 2022, will not receive proceeds from the selling stockholder's shares. BofA Securities is the book-running manager for this offering.
Hamilton Lane Incorporated (Nasdaq: HLNE) announced on
Novata, a technology platform for private markets, has announced the successful completion of its Series B funding, raising $30 million. This funding was led by Hamilton Lane (NASDAQ: HLNE) and included investors such as S&P Global (NYSE: SPGI) and Microsoft (NASDAQ: MSFT). The capital will enhance Novata's ESG data management platform, which now serves over 3,500 private companies. Launched in April 2022, Novata provides robust benchmarking capabilities and aims to increase ESG transparency in private markets. The company continues to position itself as a critical infrastructure for sustainable capitalism.
BetterNight, a leader in virtual sleep care, announced $33 million in growth funding led by NewSpring, with participation from HCAP Partners and Hamilton Lane (NASDAQ:HLNE). This funding will enhance the company's nationwide expansion and boost its value-based sleep solutions for OSA and insomnia. BetterNight aims to improve clinical outcomes and reduce healthcare costs by offering a full spectrum of digital sleep care services. CEO Dave French emphasized the partnership with NewSpring as pivotal for future growth in addressing untreated sleep disorders, which pose serious health risks.
Hamilton Lane (NASDAQ: HLNE) has officially opened its new office in Shanghai, China, marking its sixth location in the Asia Pacific region. This office, led by Managing Director Mingchen Xia, aims to enhance the firm's investment capabilities in the world’s second-largest economy. Hamilton Lane was awarded Shanghai Qualified Foreign Limited Partner status in May 2022, enabling it to invest in RMB private markets. The firm manages approximately $832 billion in assets, with $108 billion in discretionary assets. With growing demand from domestic investors for global assets, the Shanghai office is expected to strengthen Hamilton Lane's market position in Asia.
Novata has appointed Mona Sutphen, Partner and Head of Investment Strategies at The Vistria Group, to its Board of Directors, effective immediately. Sutphen brings over two decades of experience from both public and private sectors, having served as a Partner at Macro Advisory Partners and Managing Director at UBS AG. Her governmental experience includes being the White House Deputy Chief of Staff for Policy under President Obama. Novata, supported by major stakeholders including S&P Global (NYSE: SPGI) and Hamilton Lane (NASDAQ: HLNE), is a leader in ESG data management solutions for private markets, emphasizing sustainability and inclusivity.
Hamilton Lane Incorporated (NASDAQ: HLNE) reported impressive third fiscal quarter results for the period ending December 31, 2022. The firm achieved $107.5 billion in total assets under management, reflecting a 10% year-over-year growth. Fee-earning assets surged by 19% to $54.9 billion. Revenue from management and advisory fees reached $97.4 million, a 22% increase compared to the same quarter last year. The company declared a quarterly dividend of $0.40 per share, indicating a 14% increase in the target full-year dividend to $1.60. GAAP earnings per share stood at $0.31.
Hamilton Lane has launched a new feeder fund allowing individual investors to access its flagship Equity Opportunities Fund V, which has closed with approximately
Hamilton Lane (NASDAQ: HLNE) is set to announce its third fiscal quarter results on February 7, 2023, before market opening. Investors can access the earnings release and detailed presentation on the Shareholders website.
A conference call and webcast will be held at 11:00 a.m. ET the same day to discuss the results. Pre-registration is required for attendees, and they can access a replay of the webcast for up to one year post-event. As of September 30, 2022, Hamilton Lane manages nearly $824 billion in assets, showcasing its significant presence in the private markets investment sector.
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