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Dec 31, 2022

Hamilton Lane Q3 2023 Earnings Report

Hamilton Lane reported strong Q3 results with management and advisory fees increasing and assets under management growing year-over-year.

Key Takeaways

Hamilton Lane reported a strong third quarter, marked by a 10% year-over-year growth in total assets under management, reaching $107.5 billion, and a 22% increase in management and advisory fees. GAAP EPS was $0.31, with a GAAP net income of $9.7 million.

Total assets under management grew 10% year-over-year to $107.5 billion.

Fee-earning assets under management increased 19% year-over-year to $54.9 billion.

Management and advisory fees increased 22% year-over-year to $97.4 million.

GAAP EPS was $0.31 on $9.7 million of GAAP net income.

Total Revenue
$127M
Previous year: $91.7M
+38.6%
EPS
$0.43
Previous year: $1.27
-66.1%
Assets under management
$108B
Previous year: $98.1B
+9.6%
Fee-earning AUM
$54.9B
Previous year: $46.1B
+19.1%

Hamilton Lane

Hamilton Lane

Hamilton Lane Revenue by Segment

Forward Guidance

Some of the statements in this presentation may constitute forward-looking statements.