Hamilton Lane Inc Stock Price, News & Analysis

Hamilton Lane (NASDAQ: HLNE) has announced the participation of Erik Hirsch, Vice Chairman and Head of Strategic Initiatives, at the 2022 Morgan Stanley US Financials, Payments & CRE Conference on June 15 at 1:00 PM ET. A live audio webcast will be available on the company's Shareholders page. A replay will also be accessible for one year post-event.

Hamilton Lane's Global Private Assets Fund (GPA) has reached $2.2 billion in assets under management (AUM) since its launch three years ago, delivering a 14.7% annualized return. The firm's evergreen platform has grown to nearly $2.6 billion in total assets, indicating strong demand for private market investments. GPA, accessible to investors globally, has raised over C$440 million in Canada alone. The platform will expand with a new senior credit fund later this year, enhancing investor access to private markets.

Hamilton Lane Incorporated (NASDAQ: HLNE) reported strong results for fiscal year 2022, ending March 31, 2022. Total assets under management reached $106.4 billion, up 21% year-over-year, with fee-earning assets increasing 17% to $49.1 billion. Revenue from management and advisory fees rose 9% to $314.2 million. GAAP EPS was $3.98, with a net income of $146.0 million. The company declared a quarterly dividend of $0.40 per share, representing a 14% increase from the previous year, to be paid on July 7, 2022.

Hamilton Lane (NASDAQ: HLNE) has invested in Singapore-based digital private market exchange ADDX, enhancing access to private market investments for non-institutional investors. This investment follows a recent partnership offering tokenized access to Hamilton Lane's Global Private Assets Fund, lowering the minimum investment from $125,000 to $10,000. The latest funding round for ADDX raised $58 million and included several institutional investors. Hamilton Lane aims to leverage innovative technology solutions to democratize private market access globally.

TIFIN has successfully closed a $109 million Series D financing round, bringing its total funding to approximately $204 million over the past 18 months. The company’s valuation has risen to $842 million, reflecting significant growth in its product offerings and user base. Notable new investors include Franklin Templeton and Motive Partners. TIFIN utilizes AI to provide personalized wealth management solutions and aims to enhance digital distribution for investment managers. This funding will bolster TIFIN's expansion efforts, particularly Magnifi's consumer platform.

Hamilton Lane (NASDAQ: HLNE) will release its financial results for the fourth quarter and full fiscal year ended March 31, 2022, on May 26, 2022, prior to market opening. The company will hold a conference call at 11:00 a.m. ET the same day to discuss these results. Hamilton Lane, a leading private markets investment management firm, manages $851 billion in assets, including $98 billion in discretionary assets and $753 billion in advisory assets.

Fetch Rewards, the leading consumer-rewards app, has raised $240 million in its latest funding round, achieving a valuation exceeding $2.5 billion. The investment, led by Hamilton Lane (NASDAQ: HLNE), brings the total funding to over $500 million. Fetch, with 13 million active users and over $340 million in rewards earned, aims to enhance its digital loyalty platform and consumer engagement. Partnerships with TelevisaUnivision and NielsenIQ will also expand its reach and product capabilities.

Hamilton Lane (NASDAQ: HLNE), a leading private markets investment management firm, announced senior promotions for nine individuals to Managing Director, with a notable representation of women. The firm also appointed several key personnel, expanding its Investment and Client Solutions teams. CEO Mario Giannini emphasized the company's success in fundraising, client growth, and geographical expansion. Hamilton Lane manages $851 billion in assets, including $98 billion in discretionary assets as of December 31, 2021.