Loading...
Hamilton Lane reported strong Q1 2023 results, with total assets under management reaching $108.0 billion, a year-over-year increase of 18%. Management and advisory fees grew by 16% compared to the prior year period, and GAAP EPS was reported at $0.91.
Total assets under management grew 18% year-over-year, reaching $108.0 billion.
Fee-earning assets under management increased 20% year-over-year, totaling $51.1 billion.
Management and advisory fees increased 16% year-over-year, amounting to $85.9 million for the quarter.
GAAP EPS was $0.91, with a GAAP net income of $33.5 million for the quarter.
No specific forward guidance was provided in the document.