PR Newswire
The firm broadens its co-investment capabilities with the additions of five senior team membersGlobal appointments highlight continued growth within the asset class and historic success of the firm's Direct Equity platform, which stands at $15.3 billion in AUM*
CONSHOHOCKEN, Pa., Nov. 12, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced the expansion of its Direct Equity Investment Team, with the appointment of five new senior team members based in North America and Europe to support the continued growth of the asset class.
CONSHOHOCKEN, Penn., Nov. 6, 2024 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) today reported its results for the second fiscal quarter ended September 30, 2024.
SECOND QUARTER FISCAL 2025 HIGHLIGHTS
Assets under management – Total assets under management of $131.4 billion grew $12.2 billion year-over-year. Fee-earning assets under management increased $8.3 billion to $69.7 billion over the same period.Revenue – Management and advisory fees of $119.8 million for the quarter represent growth of 10% versus the prior year period.Carried Interest – Unrealized carried interest balance of approximately $1.3 billion, up 9% versus the prior year period.Earnings per share – GAAP EPS of $1.37 on $55.0 million of GAAP net income for the quarter.Dividend – Declared a quarterly dividend of $0.49 per share of Class A common stock to record holders at the close of business on December 16, 2024 that will be paid on January 7, 2025. The target full-year dividend of $1.96 represents a 10% increase from the prior fiscal year dividend.Securitize Fund Services will address gaps identified in traditional fund administration and will provide institutional clients with a unified platform designed for the on-chain world, enabling token issuance, capital raising, secondary trading on a regulated ATS, real-time transfer agent services, and comprehensive fund administration capabilities.
MIAMI, Oct. 31, 2024 /PRNewswire/ -- Securitize Inc., the leading real-world asset tokenization platform, today announced the launch of Securitize Fund Services. This new offering, which coincides with Securitize surpassing $1 billion in tokenized real-world assets on-chain, enables the company to offer a fully unified solution—including complete tokenization services, a primary marketplace for investors, secondary trading via its regulated Alternative Trading System (ATS), transfer agent solutions, and fund administration—under one roof.
CONSHOHOCKEN, Pa., Oct. 16, 2024 /PRNewswire/ -- Hamilton Lane Incorporated (Nasdaq: HLNE) is scheduled to release financial results for the second fiscal quarter before the market opens on Wednesday, November 6, 2024. A copy of the earnings release and full detailed presentation will be available on the Hamilton Lane Shareholders website at https://shareholders.hamiltonlane.com/.
Hamilton Lane will host a conference call via webcast at 11:00 a.m. ET on November 6 to discuss the results for the second fiscal quarter. For access to the live event via the webcast, visit Hamilton Lane's Shareholders website by clicking here (https://shareholders.hamiltonlane.com/) at least 15 minutes prior to the start of the call. This feature will be in listen-only mode.
CONSHOHOCKEN, Pa., Oct. 8, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced the launch of the two new evergreen funds, offering expanded access to private market infrastructure investments to accredited investors around the world.
BOULDER, Colo., Sept. 16, 2024 /PRNewswire/ -- VFN Holdings, Inc. (Vero Networks, or Vero), a leading fiber infrastructure operator and broadband internet provider, is pleased to announce the successful completion of $80 million in preferred equity financing. This investment was led by Delta-v Capital and funds managed by Hamilton Lane, with participation from existing Vero investors, and closed in August of 2024.
CONSHOHOCKEN, Pa. and MIAMI, Aug. 15, 2024 /PRNewswire/ -- Securitize, the leading platform for tokenizing real world assets, and leading global private markets investment management firm Hamilton Lane (Nasdaq: HLNE), today announced that qualified investors now have exclusive access to Hamilton Lane's recently closed Secondary Fund VI through the Securitize platform.
Hamilton Lane Secondary Fund VI ("the Fund" or "Fund VI") held its final close in June 2024, raising a firm record $5.6 billion in commitments and materially exceeding its original $5 billion target. Securitize is now making a portion of the vehicle accessible to individual investors via the Secondary Fund VI feeder fund, which will be available exclusively on the Polygon blockchain and will leverage Securitize's advanced technology to offer a streamlined, fully digital investment process and lower minimum investment requirement.
CONSHOHOCKEN, Pa., Aug. 14, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) was named North American LP of the Year by Private Equity Women Investor Network ("PEWIN") for 2024. This award is given annually to an outstanding limited partner who has demonstrated a commitment to encouraging, supporting and empowering women investors in the private equity industry.
Katie Moore, PEWIN member and Managing Director on Hamilton Lane's Fund Investment & Managed Solutions team, said, "We are proud to be part of this incredible group of women investors and organizations, and remain committed to the focus on increasing allocations to women-led and other underrepresented groups within the private markets. As a founding member of Hamilton Lane's Diversity, Equity, Inclusion & Belonging Council, it is incredibly fulfilling to be recognized for the firm's long-standing commitment to creating a more diverse and inclusive industry."
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