Hamilton Lane Incorporated (HLNE) Tops Q1 EPS by 13c

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Hamilton Lane Incorporated Reports First Quarter Fiscal 2022 Results, With Management & Advisory Fees Growing By 10% And Assets Under Management Growing By 34% Year-Over-Year

August 3, 2021 7:00 AM EDT

CONSHOHOCKEN, Penn., Aug. 3, 2021 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the first fiscal quarter ended June 30, 2021.

FIRST QUARTER FISCAL 2022 HIGHLIGHTS

Assets under management  Total assets under management of $92 billion grew 34% year-over-year. Fee-earning assets under management increased 10% to $43 billion over the same period. Revenue  Management and advisory fees of $74 million for the quarter represents growth of 10% versus the prior year period. Carried Interest Unrealized carried interest balance of $809 million was up 160%... More