Hamilton Lane(HLNE) - 2026 Q2 - Earnings Call Presentation

Financial Performance - GAAP net income attributable to Hamilton Lane Incorporated was $70.9 million for the quarter and $124.6 million year-to-date[8] - Management and advisory fees increased by 19% to $142.127 million for the quarter and by 6% to $275.822 million year-to-date[9] - Incentive fees increased by 47% to $44.551 million for the quarter, but remained relatively flat year-to-date at $86.813 million[9] - Total revenues increased by 27% to $190.880 million for the quarter and by 6% to $366.837 million year-to-date[9] - Fee Related Earnings increased by 37% to $77.037 million for the quarter and by 34% to $160.748 million year-to-date[10] - Adjusted EBITDA increased by 33% to $100.815 million for the quarter and by 15% to $196.656 million year-to-date[10] Assets Under Management - Assets under management increased by 11% year-over-year to $145 billion as of September 30, 2025[16] - Fee-earning assets under management increased by 10% year-over-year to $76 billion as of September 30, 2025[16] Unrealized Carried Interest - Unrealized carried interest reached $1.434 billion as of September 30, 2025, a 14% increase year-over-year[65]