Hamilton Lane Reports Strong Growth in Assets Under Management and Advisory Fees

Hamilton Lane Reports Third Quarter Fiscal 2025 Results

Hamilton Lane Incorporated, a prominent firm in private markets asset management, has unveiled its financial results for the third fiscal quarter ending December 31, 2024. The firm, traded on Nasdaq under the ticker symbol HLNE, has demonstrated considerable growth in both fees and assets under management, reflecting its commitment to delivering value to clients.

Key Financial Highlights

In the report, Hamilton Lane declared that total assets under management reached an impressive $134.7 billion, marking a $14.8 billion increase year-over-year. Notably, the fee-earning assets also rose significantly, climbing by $7.9 billion to a total of $71.0 billion over the same period.

Revenues from management and advisory fees stood at $126.3 million for the quarter. This represents an 11% increase compared to the corresponding period last year, showcasing the firm’s ability to enhance its service offerings in a competitive market. Furthermore, the unrealized carried interest balance grew to approximately $1.3 billion, reflecting a robust 15% increase year-over-year.

For investors, earnings per share (EPS) stood at $1.32, backed by a net income of $53.0 million under Generally Accepted Accounting Principles (GAAP). Showing a commitment to its shareholders, Hamilton Lane declared a quarterly dividend of $0.49 per share, scheduled for distribution on April 4, 2025. This dividend represents a 10% increase from the prior fiscal year, aligning with the firm’s strategy to return value to investors.

Company Overview

Hamilton Lane, having specialized exclusively in private markets investments for over three decades, has built a reputation as one of the largest investment firms in the sector. The company employs around 740 professionals across its offices in North America, Europe, Asia Pacific, and the Middle East. As of December 31, 2024, Hamilton Lane managed a total of $956.0 billion in assets, divided between discretionary and non-discretionary categories.

The firm’s focus on developing flexible investment programs allows clients to access a diverse range of private markets strategies, which include various sectors and geographic regions. This adaptability has been crucial in helping institutions and private wealth investors navigate the complexities of today's market dynamics.

Upcoming Communication

To further discuss these results, Hamilton Lane is hosting a conference call at 11:00 a.m. Eastern Time today, February 4, 2025. Participants can access the live event via the firm's Shareholders website. A replay will also be made available approximately two hours after the conclusion of the live broadcast, offering an extended opportunity for stakeholders to engage with the information presented.

For additional insights, interested parties can review a detailed presentation of Hamilton Lane’s financial results on their official website at Hamilton Lane Shareholders.

In summarizing its third-quarter performance, Hamilton Lane highlights not just growth in key financial metrics but also emphasizes its robust strategies to address the evolving demands of investors in the private markets space. As they look to the future, Hamilton Lane appears well-positioned to capitalize on new opportunities, ensuring continued growth and value creation for their clients and stakeholders.