Hamilton Lane Incorporated Reports Second Quarter Fiscal 2021 Results


BALA CYNWYD, Pa., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the second fiscal quarter ended September 30, 2020.


  • Assets under management – Total assets under management of approximately $73 billion grew nearly 11% year-over-year. Fee-earning assets under management increased nearly 9% to approximately $39 billion over the same period.
  • Revenue – Management and advisory fees of approximately $66 million for the quarter represents growth of 12% versus the prior year period.
  • Carried Interest – Unrealized carried interest balance of approximately $410 million was up 7% year-over-year.
  • Earnings per share – GAAP EPS of $0.66 on approximately $21.8 million of GAAP net income for the quarter.
  • Dividend – Declared a quarterly dividend of $0.3125 per share of Class A common stock to record holders at the close of business on December 15, 2020 that will be paid on January 7, 2021. The target full-year dividend of $1.25 represents a 13.6% increase from the prior fiscal year dividend.

Hamilton Lane issued a full detailed presentation of its second quarter fiscal 2021 results, which can be accessed by clicking here.

Hamilton Lane CEO Mario Giannini commented: “Across the private markets, we’ve seen valuations, fundraising and deal activity rebound, in some cases to levels higher than what we saw pre-pandemic — a trend that contributed to another strong quarter for us. Our AUM grew nearly 11% to $73 billion, continuing our long-term growth trend.”

About Hamilton Lane
Hamilton Lane (NASDAQ: HLNE) is a leading alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. Dedicated to private markets investing for 29 years, the firm currently employs over 400 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has approximately $547 billion in assets under management and supervision, composed of approximately $73 billion in discretionary assets and over $474 billion in advisory assets, as of September 30, 2020. Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. For more information, please visit www.hamiltonlane.com or follow Hamilton Lane on Twitter: @hamilton_lane.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.