Hamilton Lane Incorporated (HLNE) Tops Q2 EPS by 6c, Revenues Miss
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Hamilton Lane Incorporated Reports Second Quarter Fiscal 2021 Results, With Management & Advisory Fees Growing by Nearly 12% and Assets Under Management Growing by Nearly 11% Year-Over-Year
November 4, 2020 7:00 AM ESTBALA 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.
SECOND QUARTER FISCAL 2021 HIGHLIGHTS
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... More