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Hamilton Lane Inc - HLNE STOCK NEWS

Welcome to our dedicated news page for Hamilton Lane (Ticker: HLNE), a resource for investors and traders seeking the latest updates and insights on Hamilton Lane.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hamilton Lane's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hamilton Lane's position in the market.

Rhea-AI Summary
Hamilton Lane announces appointment of Erik Hirsch and Juan Delgado-Moreira as Co-CEOs, effective January 1, 2024. Mario Giannini transitions to Executive Co-Chairman alongside Hartley Rogers. The new leadership is expected to guide the firm through its next evolution and capitalize on opportunities to enhance profitability and scale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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Rhea-AI Sentiment
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-1.12%
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partnership
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Rhea-AI Summary
Hamilton Lane Incorporated (HLNE) reported strong first quarter fiscal 2024 results, with total assets under management growing 8% to $117.1 billion and fee-earning assets under management increasing 17% to $59.7 billion. Management and advisory fees grew 23% to $105.4 million, and the company declared a quarterly dividend of $0.445 per share, representing an 11% increase from the prior fiscal year dividend.
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Rhea-AI Sentiment
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-0.25%
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Rhea-AI Summary
Hamilton Lane (Nasdaq: HLNE) announced senior leadership changes to position the firm for global growth. Jeffrey Armbrister is the new CFO, Drew Schardt becomes Vice Chairman and Head of Investment Strategy, and Ken Binick joins as Managing Director and Head of Execution on the Direct Equity team. Richard Hope will take on the additional role of Co-Head of Investments alongside Tom Kerr, and Nayef Perry will assume sole leadership of the firm's credit business as Head of Direct Credit. The changes are effective as of August 8, 2023.
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-0.08%
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management
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2.91%
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Rhea-AI Sentiment
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1.88%
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AI
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-0.44%
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Rhea-AI Summary
Hamilton Lane has raised over $850 million of impact and sustainable capital since early 2021, including the final closing of Hamilton Lane Impact Fund II, which raised $370 million. The firm's total platform assets focused on sustainable investment strategies have increased by more than $850 million. Hamilton Lane is emerging as a leader in sustainable and impact strategies in the private markets.
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Rhea-AI Sentiment
End-of-Day
-1.62%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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Hamilton Lane Inc

Nasdaq:HLNE

HLNE Rankings

HLNE Stock Data

6.18B
32.38M
7.33%
99.37%
2.17%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Bala Cynwyd

About HLNE

hamilton lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. the firm has been dedicated to private markets investing for more than two decades and currently has 250 employees operating in offices throughout the u.s., london, hong kong, rio de janeiro, tel aviv and tokyo. with over $239 billion in total assets under management and supervision*, hamilton lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. the firm has been named an inc. 5000 fastest-growing company and a “best places to work in money management by pensions & investments. for more information please visit www.hamiltonlane.com. * as of september 30, 2015