- Assets under management grew 11% year-over-year to $138 billion.
- Management and advisory fees increased 14% to $513.9 million.
- The quarterly dividend was raised by 10% to $0.54 per share.
Hamilton Lane Incorporated (HLNE, Financial), a leading private markets asset management firm, reported robust financial results for fiscal year 2025. The company's total assets under management increased by 11% compared to the prior year, reaching $138 billion. Fee-earning assets rose by 10%, amounting to $72 billion, highlighting a solid foundation for recurring revenues.
The firm's management and advisory fees surged by 14% to $513.9 million, reflecting either improved fee rates or possibly a strategic shift towards higher-fee products. Additionally, the unrealized carried interest balance rose modestly by 3% to $1.3 billion, indicating potential future revenue when investments are realized.
Hamilton Lane also reported a GAAP net income of $217.4 million, translating to earnings per share (EPS) of $5.41. Demonstrating confidence in its financial health, the company declared a quarterly dividend of $0.54 per share, to be paid on July 7, 2025, for shareholders of record as of June 20, 2025. This sets the annual dividend target at $2.16 per share, marking a 10% increase over the previous year.
As of March 31, 2025, Hamilton Lane managed a total of $957.8 billion in assets under management and supervision. This includes $138.3 billion in discretionary assets and $819.5 billion in non-discretionary assets, underscoring the firm's significant scale and influence within the private markets investment sector.
