Hamilton Lane Incorporated (HLNE) Tops Q3 EPS by 56c
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HAMILTON LANE INCORPORATED REPORTS THIRD QUARTER FISCAL 2022 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 6% AND ASSETS UNDER MANAGEMENT GROWING BY 29% YEAR-OVER-YEAR
February 1, 2022 7:00 AM ESTCONSHOHOCKEN, Pa., Feb. 1, 2022 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the third fiscal quarter ended December 31, 2021.
THIRD QUARTER FISCAL 2022 HIGHLIGHTS
Assets under management Total assets under management of $98.1 billion grew 29% year-over-year. Fee-earning assets under management increased 15% to $46.1 billion over the same period. Revenue Management and advisory fees of $79.8 million for the quarter represents growth of 6% versus the prior year period. Carried Interest Unrealized carried interest balance of $1.1 billion was up 114%... More


