Hamilton Lane Incorporated (HLNE) Misses Q3 EPS by 1c
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Hamilton Lane Incorporated Reports Third Quarter Fiscal 2020 Results, With Year-To-Date Management & Advisory Fees Growing by 12% and Assets Under Management Growing by 13% Year-Over-Year
February 4, 2020 7:01 AM ESTBALA CYNWYD, Pa., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the third fiscal quarter ended December 31, 2019.
THIRD QUARTER FISCAL 2020 HIGHLIGHTS
Assets under management Total assets under management of approximately $66 billion grew 13% year-over-year. Fee-earning assets under management increased 14% to approximately $37 billion, over the same time period. Revenue Management and advisory fees of approximately $60 million for the quarter and $180 million year-to-date represent growth of 8% and 12%, respectively.
 Carried Interest... More
