Appointments underscore the firm's commitment to meet the growing interest of insurers in bolstering portfolios through broadened exposure to private markets CONSHOHOCKEN, Pa., July 29, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced the creation of a dedicated Insurance Solutions team, formalizing its long-standing efforts to serve insurers and enhance its focus on investments and client support with the appointment of two senior team mem ...

Significantly Enhances Cosette's Ability to Drive Further Growth Through Investments in Business Development and R&D BRIDGEWATER, N.J. and CONSHOHOCKEN, Pa. and NEW YORK, July 17, 2024 /PRNewswire/ -- Avista Capital Partners ("Avista"), a leading New York-based private equity firm focused exclusively on healthcare, and Hamilton Lane, a leading global private markets investment management firm (Nasdaq: HLNE), today announced that funds managed by Hamilton Lane have acquired a significant equity interest in C ...

Hamilton Lane will host a conference call via webcast at 11:00 a.m. ET on August 6 to discuss the results for the first fiscal quarter. For access to the live event via the webcast, visit Hamilton Lane's Shareholder's website by clicking here (https://shareholders.hamiltonlane.com/) at least 15 minutes prior to the start of the call. This feature will be in listen-only mode. Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to instit ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Bel ...

LONDON and NEW YORK and CONSHOHOCKEN, Pa., June 26, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) announced a partnership with, and investment in, Daphne Technologies, a platform facilitating distribution of alternative assets and increased efficiency of the fundraising process. Daphne enables a direct digital connection between asset managers and their investors and channel partners. Using Daphne, asset managers can digitize fund data and publish it wi ...

Tom Kerr, Co-Head of Investments and Global Head of Secondary Investments, commented: "The success of this fundraise represents a significant milestone for Hamilton Lane and is a direct result of our market-leading position within the asset class. The circumstances driving appetite for liquidity in the market continue to grow, and we are excited to sit in a compelling position with what we believe is one of the most experienced and cohesive secondary platforms. Fund VI is a continuation of our longstanding ...

Global survey of more than 230 investment advisors highlights diversification and performance as key drivers of private wealth interest in the asset class Ninety-two percent of respondents currently allocate client capital to private markets, with more than two-thirds planning to increase allocation Opportunity to continue educating private wealth investors, as advisors cite a knowledge gap between them and their clients CONSHOHOCKEN, Pa., June 6, 2024 /PRNewswire/ -- More than 90% of survey respondents cur ...

Hamilton Lane Incorporated (HLNE) announced a sequential increase in its quarterly dividend payment. The company declared a quarterly cash dividend per share of 49 cents, reflecting a 9% increase from its previous payout. The dividend will be paid out on Jul 5 to shareholders of record as of Jun 14. The bank increased its dividend six times during the last five years. Prior to the recent hike, HLNE raised its dividend by 12.5% to 45 cents per share in May 2023. Considering the company's closing price of $12 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________________ to ___________________________ Commission file number 001-38021 HAMILTON LANE INCORPORATED (Exact name of Registrant as specified in its charter) Delawar ...

Financial Data and Key Metrics - Total fee-earning AUM stood at $65.7 billion, growing $8.4 billion or 15% YoY [4] - Management and advisory fee revenue grew by 22% YoY, with fee-related earnings (FRE) also up 22% [53] - GAAP EPS for fiscal 2024 was $3.69, while non-GAAP EPS was $3.92 [53] - Unrealized carry balance increased by 19% YoY to over $1.2 billion [27] - Total AUM grew by 11% YoY to $124 billion, with AUA up 7% YoY to $51 billion [73] Business Line Performance - Customized separate accounts fee-earning AUM grew 8% YoY to $37.6 billion [22] - Specialized funds fee-earning AUM grew 24% YoY to $28.2 billion, driven by $5.5 billion in net inflows [55] - Evergreen platform AUM reached nearly $6.5 billion, with average monthly net inflows of $255 million in Q1 2024 [76] - Revenue from customized separate accounts increased by $11.1 million or 9% YoY [9] - Specialized funds revenue increased by $64.7 million or 33% YoY [47] Market and Geographic Performance - Wirehouse channel flows reached close to $900 million by the end of Q1 2024 [7] - Non-wirehouse flows also scaled nicely, complementing the wirehouse success [7] - The secondary fund raised over $5 billion, marking the largest institutional fundraise in the company's history [75] - Credit platform invested over $1.3 billion in credit transactions in 2023, a 45% increase YoY [24] Strategic Direction and Industry Competition - The company continues to expand its customized separate accounts and specialized funds, focusing on higher fee-rate products [54] - The Evergreen platform is a key growth driver, with steady monthly inflows and new distribution relationships [76] - The company is investing in technology partnerships, including tokenization and digital assets, to enhance accessibility and efficiency in private markets [57][25] - The venture capital market is becoming more rational, presenting a better entry point for the company's new specialized fund [89] Management Commentary on Operating Environment and Future Outlook - Management emphasized the importance of maintaining strong double-digit growth and leveraging scale for future margin improvements [32] - The company is focused on expanding its sales resources and deepening client relationships to drive growth [12] - Management remains optimistic about the wirehouse channel and expects continued strong fundraising [33] - The company is committed to investing in technology and innovation to stay ahead in the private markets [25][57] Other Important Information - The company announced a 10% increase in its annual dividend to $1.96 per share, marking the seventh consecutive year of double-digit dividend growth [53] - The company participated in strategic investments, including Securitize and Nevada, to support innovation in the private markets [25][77] - The company highlighted its long-term relationships with clients, with some separate account relationships exceeding 20 years [74] Q&A Session Summary Question: Retail Channel Growth and Product Launches - The company is seeing strong momentum in the retail channel, with plans to expand existing funds and launch new products in the future [62][63] Question: Expense Growth and Margin Expectations - Management expects expense growth to continue, driven by headcount growth and distribution costs, but remains focused on maintaining strong margins [64][65] Question: Fundraising Pipeline and Market Opportunities - The company has a robust pipeline for specialized funds, with high single-digit growth in SMA business and strong interest from clients across various strategies [34][86] Question: Distribution Fees and Revenue Share Arrangements - The majority of distribution fees are upfront, with ongoing revenue share arrangements being less common [88] Question: Venture Capital Fund Launch and Market Sentiment - The company launched a new venture capital fund, citing a more rational market environment and strong client demand as key factors [89]