Q4 2026 Hamilton Lane Inc Earnings Call Transcript
Key Points
- Hamilton Lane Inc (HLNE) reported a 9% year-over-year increase in total asset footprint, reaching $1 trillion.
- The company achieved a 14% year-over-year growth in total management and advisory fees, amounting to $584 million.
- Hamilton Lane Inc (HLNE) has consistently increased its annual fiscal dividend, marking the ninth consecutive annual double-digit percentage increase.
- The company's Evergreen platform experienced a 64% growth year-over-year, with net positive inflows across all funds.
- Hamilton Lane Inc (HLNE) reported a 25% year-over-year growth in related earnings, reaching $345 million.
- The company experienced a decrease in retro fees, with only $3 million received in fiscal 2026 compared to nearly $21 million in fiscal 2025.
- March saw net outflows for both global credit and global multi-strategy equity offerings, indicating some challenges in maintaining consistent inflows.
- The company faces scrutiny over the use of unrealized gains in calculating incentive fees, which has drawn increased attention.
- Hamilton Lane Inc (HLNE) turned down 99% of secondary deal flow, indicating potential challenges in finding suitable investment opportunities.
- April net inflows were significantly lower than the monthly average in January and February, suggesting a slowdown in momentum.
Good morning, ladies and gentlemen, and welcome to the Hamilton Lane fiscal fourth quarter and full year 2026 earnings conference call. (Operator Instructions). Also note that this call is being recorded on Thursday, May 21, 2026.
And I would like to turn the conference over to John Oh, Head of Shareholder Relations. Please go ahead, sir.
Thank you, Sylvie. Good morning, and welcome to the Hamilton Lane Q4 and fiscal year-end 2026 earnings call. Today, I will be joined by Erik Kirsch, Co-Chief Executive Officer; and Jeff Armbrister, Chief Financial Officer. Earlier this morning, we issued a press release and a slide presentation, which are available on our website.
Before we discuss the quarter's results, we want to remind you that we will be making forward-looking statements. Forward-looking statements discuss our current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. These
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |

