Hamilton Lane reported a strong third quarter with significant growth in assets under management and management and advisory fees. GAAP EPS was $1.32, and the company declared a quarterly dividend of $0.49 per share. Total assets under management reached $134.7 billion, and management and advisory fees grew by 11% compared to the prior year period.
Total assets under management grew to $134.7 billion, a 12% increase year-over-year.
Management and advisory fees increased by 11% year-over-year, reaching $126.3 million for the quarter.
GAAP EPS was reported at $1.32, with a GAAP net income of $53.0 million for the quarter.
A quarterly dividend of $0.49 per share was declared.
No forward guidance was given in the provided text.