Welcome to our dedicated page for Hamilton Lane news (Ticker: HLNE), a resource for investors and traders seeking the latest updates and insights on Hamilton Lane stock.
Hamilton Lane Incorporated (Nasdaq: HLNE) is described in its public communications as one of the largest private markets investment firms globally, focused exclusively on private markets investing. This news page aggregates coverage related to Hamilton Lane’s activities as a private markets asset manager, including announcements about financial results, partnerships, product initiatives and client-focused developments.
Readers can find news about Hamilton Lane’s quarterly and fiscal results, as the company regularly announces earnings for its fiscal quarters and provides detailed presentations through its shareholder channels. These updates often coincide with webcasts and conference calls where management discusses financial performance and business developments.
Hamilton Lane’s news flow also features strategic partnerships and mandates, such as agreements to manage private equity portfolios for insurers, long-term commitments to private equity allocations, and collaborations with wealth management platforms. The firm highlights initiatives within its Insurance Solutions platform and Private Wealth Solutions business, reflecting its work with institutional, insurance and private wealth clients.
In addition, the company appears in announcements related to private credit and digital assets, including access to its Senior Credit Opportunities Fund (SCOPE) through blockchain-based infrastructure for institutional and accredited investors. News items also cover Hamilton Lane’s role in private markets data and analytics, such as the launch of private market fund performance indices on the Bloomberg Terminal.
Investors and observers can use this news feed to follow Hamilton Lane’s reported financial results, capital markets transactions, client mandates, technology-related initiatives and other corporate updates. Regular visits to this page provide a consolidated view of the company’s disclosed activities in private markets asset management.
Hamilton Lane Incorporated (NASDAQ: HLNE) reported robust results for the fourth quarter and fiscal year ended March 31, 2021. Assets under management reached approximately $88 billion, growing 28% year-over-year. Revenue from management and advisory fees rose over 18% to nearly $289 million. The GAAP EPS for the fiscal year was $2.81, with a net income of approximately $98 million. A quarterly dividend of $0.35 per share was declared, marking a 12% increase from the prior year.
Hamilton Lane (NASDAQ: HLNE) announced an expansion of its teams dedicated to institutional and private wealth channels across Europe. New appointments include Ralph Aerni as Head of European Sales, with a focus on institutional business development. The firm aims to enhance client relationships as it meets increasing investor demand for private market access. The Global Private Assets Fund has achieved about $804 million in assets under management by March 31, 2021. This growth follows a recent trend of investors seeking yield and performance through private markets.
Hamilton Lane (NASDAQ: HLNE) has been recognized in the Drexel LeBow Analytics 50 list for its analytics platform, Cobalt LP. This platform enables limited partners to make informed investment decisions using proprietary data and analytics. Cobalt LP has facilitated over 325,000 analytics projects for more than 700 clients. The platform aims to enhance portfolio analysis and investment returns. Hamilton Lane has invested in and fully acquired Cobalt LP, which currently employs nearly 20 staff, with plans for future growth.
Hamilton Lane (NASDAQ: HLNE) will release its financial results for the fourth fiscal quarter and full year ending March 31, 2021, on May 27, 2021. The company will conduct a conference call at 11:00 a.m. ET that day to discuss these results. Hamilton Lane has approximately $657 billion in assets under management, comprising $76 billion in discretionary assets and $581 billion in advisory assets as of December 31, 2020. Investors can access the event live or via a replay on the company's Shareholders website.
Hamilton Lane (NASDAQ: HLNE) has launched the Hamilton Lane Impact Fund II, a closed-end investment vehicle aimed at qualified investors. This fund continues the strategy of Impact Fund I, targeting investments with measurable social and environmental benefits, including clean energy and community development. Fund II will utilize diverse investment strategies and focus on transformative technologies. With over $2.5 billion currently managed in impact strategies, Hamilton Lane aims to deliver compelling performance alongside meaningful impact, leveraging strong relationships and a robust diligence process.
On April 7, 2021, Hamilton Lane (NASDAQ: HLNE) announced senior promotions and the opening of a new Denver office, following its acquisition of 361 Capital. The promotions include several individuals elevated to Managing Director and Principal roles, enhancing the firm's leadership across various divisions. CEO Mario Giannini emphasized the firm's growth despite challenges and the intent to broaden access to private markets. With approximately $657 billion in assets under management, Hamilton Lane is focused on expanding its offerings and capabilities in the private wealth channel.
Russell Investments and Hamilton Lane (NASDAQ:HLNE) have established a strategic partnership to enhance private markets investment solutions for Russell's global clients. Hamilton Lane's $90 million investment in Russell signifies this commitment. The partnership aims to provide comprehensive access to private markets, which have tripled in capital allocation from $2.5 trillion to $7.7 trillion since 2008. This collaboration promises tailored investment solutions backed by deep expertise and advanced technology, positioning both firms to better serve institutional investors amidst growing market complexities.
Hamilton Lane (NASDAQ: HLNE) has appointed Vann Graves as an independent director, expanding its Board to seven members, including four independents. Vann Graves brings nearly 30 years of creative and executive leadership experience, including roles at J. Walter Thompson and McCann Worldgroup. His expertise is expected to support Hamilton Lane's continued growth in the private markets sector. The firm currently manages approximately $657 billion in assets, including $76 billion in discretionary assets.
Hamilton Lane (NASDAQ: HLNE) has announced the pricing of an underwritten public offering of 1,453,110 shares of its Class A common stock, aiming to raise $128.2 million. The offering, set to close on March 4, 2021, will not provide proceeds to the company from shares sold by certain stockholders. The funds will be used to settle cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. The offering is conducted under an effective shelf registration statement with the SEC.
Hamilton Lane (NASDAQ: HLNE) announced the closing of its Strategic Opportunities Fund VI, raising nearly $900 million from diverse global investors. The Fund focuses on credit-oriented investments designed for consistent cash yields and attractive risk-adjusted returns. With over $40 billion in assets under management, Hamilton Lane underscores its commitment to delivering unique private credit opportunities and benefits from a 29-year history in private markets investing.
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