Hamilton Lane Incorporated (HLNE) Tops Q2 EPS by 35c
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HAMILTON LANE INCORPORATED REPORTS SECOND QUARTER FISCAL 2023 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 22% AND ASSETS UNDER MANAGEMENT GROWING BY 12% YEAR-OVER-YEAR
November 1, 2022 7:00 AM EDTCONSHOHOCKEN, Pa., Nov. 1, 2022 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the second fiscal quarter ended September 30, 2022.
SECOND QUARTER FISCAL 2023 HIGHLIGHTS
Assets under management Total assets under management of $107.1 billion grew 12% year-over-year. Fee-earning assets under management increased 18% to $52.7 billion over the same period.Revenue Management and advisory fees of $92.9 million for the quarter represent growth of 22% versus the prior year period.Carried... More