Hamilton Lane Incorporated (HLNE) Tops Q3 EPS by 30c
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Hamilton Lane Incorporated Reports Third Quarter Fiscal 2021 Results, With Management & Advisory Fees Growing By Nearly 26% and Assets Under Management Growing By 14% Year-Over-Year
February 2, 2021 7:00 AM ESTBALA CYNWYD, Pa., Feb. 02, 2021 (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, 2020.
THIRD QUARTER FISCAL 2021 HIGHLIGHTS
Assets under management Total assets under management of approximately $76 billion grew 14% year-over-year. Fee-earning assets under management increased 9% to approximately $40 billion over the same period.Revenue Management and advisory fees of approximately $75 million for the quarter represents growth of nearly 26% versus the prior year period.Carried Interest Unrealized... More