Hamilton Lane Incorporated reported strong fourth quarter and fiscal year 2021 results. Total assets under management reached approximately $88 billion, a 28% increase year-over-year. Management and advisory fees increased over 18% for fiscal year 2021.
Assets under management and fee-earning assets under management were approximately $88 billion and $42 billion, respectively, as of March 31, 2021.
Management and advisory fees increased 18% compared to fiscal 2020
GAAP net income was $39.8 million.
Declared a quarterly dividend of $0.35 per share of Class A common stock to record holders at the close of business on June 15, 2021
Some of the statements in this presentation may constitute 'forward-looking statements' and are subject to risks and uncertainties.