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Jun 30, 2022

Hamilton Lane Q1 2023 Earnings Report

Hamilton Lane reported results for Q1 2023, highlighted by a 16% increase in management and advisory fees and an 18% growth in assets under management year-over-year.

Key Takeaways

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.

Total Revenue
$136M
Previous year: $74M
+83.1%
EPS
$0.92
Previous year: $0.84
+9.5%
Assets under management
$108B
Previous year: $92B
+17.4%

Hamilton Lane

Hamilton Lane

Hamilton Lane Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the document.