Hamilton Lane Q1 2021 Earnings Report

Hamilton Lane reported Q1 2021 results, with management & advisory fees and AUM growing year-over-year.

Key Takeaways

Hamilton Lane Incorporated reported a solid first quarter in fiscal year 2021. Total assets under management reached approximately $68 billion, representing a 6% year-over-year increase. Management and advisory fees grew by 11% compared to the prior year period, reaching approximately $67 million. GAAP EPS was $0.11, with a GAAP net income of approximately $3.2 million.

Total assets under management of approximately $68 billion grew 6% year-over-year.

Fee-earning assets under management increased 12% to approximately $39 billion over the same period.

Management and advisory fees of approximately $67 million for the quarter represents growth of 11% versus the prior year period.

GAAP EPS of $0.11 on approximately $3.2 million of GAAP net income for the quarter.

Total Revenue

$69.7M

Previous year: $64.7M