CONSHOHOCKEN, PA — Hamilton Lane Incorporated (Nasdaq: HLNE) announced robust financial results for its third fiscal quarter ended December 31, 2024. The firm reported significant growth across key performance metrics, driven by increased assets under management (AUM) and rising revenue.
Hamilton Lane’s total AUM surged to $134.7 billion, marking a $14.8 billion increase year-over-year. Fee-earning assets under management also grew to $71.0 billion, reflecting a $7.9 billion rise over the same period. The firm generated $126.3 million in management and advisory fees, an 11% increase compared to the prior year.
The unrealized carried interest balance climbed 15% to approximately $1.3 billion, further demonstrating consistent performance within Hamilton Lane’s private markets investments. On a GAAP basis, earnings per share reached $1.32, supported by $53.0 million in quarterly net income.
The company’s strong results also led to a shareholder-friendly dividend increase. Hamilton Lane declared a quarterly dividend of $0.49 per Class A common stock, payable on April 4, 2025. The target full-year dividend of $1.96 reflects a 10% uplift from the previous fiscal year, underscoring Hamilton Lane’s commitment to returning value to investors.
Growth Outlook
With double-digit growth in AUM and revenue, Hamilton Lane solidifies its position as a leader in private markets investment management. The firm’s focus on scaling AUM and delivering value through disciplined investment strategies reinforces its long-term growth ambitions and its ability to adapt to evolving market conditions. Hamilton Lane remains well-positioned to capitalize on emerging opportunities in the global private markets sector.
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