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Mar 31, 2023

Hamilton Lane Q4 2023 Earnings Report

Hamilton Lane reported strong fourth quarter and fiscal year 2023 results, driven by growth in management and advisory fees and assets under management.

Key Takeaways

Hamilton Lane reported strong growth across its business in Q4 2023. Assets under management reached approximately $112 billion, and management and advisory fees increased. The company declared a quarterly dividend of $0.445 per share of Class A common stock.

Assets under management reached approximately $112 billion as of March 31, 2023, a 5% increase year-over-year.

Fee-earning assets under management were approximately $57 billion as of March 31, 2023, a 17% increase year-over-year.

Management and advisory fees increased 18% compared to fiscal year 2022.

A quarterly dividend of $0.445 per share of Class A common stock was declared.

Total Revenue
$113M
Previous year: $101M
+11.8%
EPS
$0.96
Previous year: $0.89
+7.9%
Assets under management
$112B

Hamilton Lane

Hamilton Lane

Hamilton Lane Revenue by Segment

Forward Guidance

The company did not provide forward guidance in the earnings report.