Hamilton Lane Inc Stock Price, News & Analysis

Cosette Pharmaceuticals has appointed Brad Leonard as Vice President of Generics Commercial Operations to drive its next growth phase. Leonard will lead the company's generics business, including Sales, Marketing/Pricing, Customer Service, and Demand Planning. With over 30 years of pharmaceutical industry experience, Leonard previously contributed to Upsher-Smith Laboratories' success, earning multiple HDMA Diana Awards for product excellence and company performance.

President and CEO Apurva Saraf highlighted Leonard's deep industry expertise and track record in driving commercial success and strategic partnerships. Leonard, who holds a B.S. in Business Administration & Management from the University of Minnesota, expressed enthusiasm about joining Cosette during its period of accelerated growth and portfolio expansion.

Hamilton Lane's recent survey reveals a significant shift in private market investment trends, with 30% of investment advisors planning to allocate 20% or more to private markets in 2025, and another 29% planning 10%+ allocations. This represents a 15% increase from 2024.

Private infrastructure shows particular promise, with 48% of respondents planning to increase exposure, attracted by features like high barriers to entry, durable cash flows, and portfolio diversification. Private equity and credit remain top allocation choices.

The survey highlights that 76% of respondents view private markets as offering higher rewards compared to traditional investments, primarily driven by performance and diversification benefits. While 63% of advisors rate their private markets knowledge as 'advanced' (up from 55% last year), a knowledge gap persists.

Interest varies by generation, with highest engagement from Gen X (94%) and Millennials (89%). Geographically, Asia Pacific (51%) and the Americas (48%) show the strongest interest in private market investments.

Hamilton Lane (HLNE) and Republic announced a partnership to provide retail investors access to private market investments through digital blockchain-based solutions. The initiative aims to democratize access to a $13 trillion global market with low investment minimums and enhanced liquidity compared to traditional private market funds.

Hamilton Lane, managing $947 billion in assets, reports that private markets funds have outperformed public market equivalents in 19 of the last 20 years. The first offering is expected in 1H 2025. The partnership targets the significant opportunity in private markets, noting over 140,000 private companies with annual revenues exceeding $100 million, compared to approximately 19,000 public companies in the same revenue bracket.

Hamilton Lane (Nasdaq: HLNE) has announced it will release its third quarter fiscal 2025 financial results on Tuesday, February 4, 2025, before market opening. The company will host a conference call and webcast at 11:00 a.m. ET on the same day to discuss the results.

The company, which is one of the largest private markets investment firms globally, currently manages $947 billion in assets under management and supervision, comprising $131 billion in discretionary assets and $816 billion in non-discretionary assets as of September 30, 2024. With approximately 730 professionals across offices in North America, Europe, Asia Pacific and the Middle East, Hamilton Lane has been dedicated to private markets investing for over 30 years.

Hamilton Lane (Nasdaq: HLNE) has been named a 'Best Place to Work in Money Management' by Pensions & Investments for the 13th consecutive year since 2012, being one of only five firms to achieve this distinction consistently.

Throughout 2024, the firm received multiple industry recognitions including: PEWIN's North American LP of the Year for supporting women investors; WealthManagement.com awards for their AI venture Helix by HL and Knowledge Center; 'Private Equities Fund Manager of the Year' for their Global Private Assets Fund (AUD); 'Alternatives Manager of the Year' from Insurance Asset Risk Americas; and top recognition at the Canadian Hedge Fund Awards for three-year returns.

Chief Human Resources Officer Kristin Brandt emphasized the company's focus on fostering professional and personal development, while Co-CEOs Juan Delgado and Erik Hirsch highlighted their commitment to providing innovative investment solutions across private markets.

Hamilton Lane's Global Private Assets Fund (GPA) has won first place for three-year returns among private equity offerings at the 2024 Canadian Hedge Fund Awards, achieving a 14.33% annualized three-year return. The firm manages approximately $1.65 billion CAD for Canadian investors through evergreen products.

GPA, launched in 2019, has reached $6.7B CAD in global assets under management, including $1.3B in the Canadian feeder. The Fund provides diversification through direct equity, secondaries, and direct credit investments. Hamilton Lane's Canada Evergreen Platform also includes the Senior Credit Opportunities Fund and Global Private Infrastructure Fund.

Levine Leichtman Capital Partners (LLCP) has closed a $575 million multi-asset continuation fund transaction. The fund, LLCP LMM Acquisition Fund, L.P., will acquire interests in three portfolio companies: Blue Ridge Associates, Milton Industries, and Resolution Economics from LLCP Lower Middle Market Fund. Hamilton Lane (HLNE) acted as lead investor in the transaction, which aims to provide additional growth capital and time for the portfolio companies while offering liquidity options to LMM II partners.

Hamilton Lane (Nasdaq: HLNE) announced the expansion of its Direct Equity Investment Team with five new senior appointments across North America and Europe. The team added Nelda Chang, Kyle McGinnis, and Jenny Zhang at its Conshohocken headquarters, Aljoscha Dudek in London, and Benjamin Kalter to its Impact Investment Team. The expansion supports the firm's direct equity platform, which currently manages $15.3 billion in AUM. The Direct Equity Investment team has grown nearly 40% over the past year to 45 individuals globally, reflecting the firm's strategic focus on co-investment opportunities, particularly in the middle market.

Hamilton Lane reported strong Q2 fiscal 2025 results, with total assets under management reaching $131.4 billion, up 10% year-over-year. Management and advisory fees grew 10% to $119.8 million. The company's unrealized carried interest balance increased 9% to $1.3 billion. GAAP EPS was $1.37 on $55.0 million of GAAP net income. The firm declared a quarterly dividend of $0.49 per share, with a target full-year dividend of $1.96, representing a 10% increase from the prior fiscal year.